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CIRRUS LOGIC, INC. — Director's Dealing 2010
May 4, 2010
30880_dirs_2010-05-04_5378880d-9012-4c4f-8405-3cd59acce3e3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CIRRUS LOGIC INC (CRUS)
CIK: 0000772406
Period of Report: 2010-05-03
Reporting Person: Rhode Jason P (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-05-03 | Common Stock | M | 10000 | $3.87 | Acquired | 17312 | Direct |
| 2010-05-03 | Common Stock | S | 10000 | $13.0509 | Disposed | 7312 | Direct |
| 2010-05-03 | Common Stock | M | 30000 | $5.16 | Acquired | 37312 | Direct |
| 2010-05-03 | Common Stock | S | 30000 | $13.0509 | Disposed | 7312 | Direct |
| 2010-05-03 | Common Stock | M | 67559 | $4.58 | Acquired | 74871 | Direct |
| 2010-05-03 | Common Stock | S | 67559 | $13.0509 | Disposed | 7312 | Direct |
| 2010-05-03 | Common Stock | M | 22441 | $4.58 | Acquired | 29753 | Direct |
| 2010-05-03 | Common Stock | S | 22441 | $13.0509 | Disposed | 7312 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-05-03 | Incentive Stock Option (right to buy) | $4.58 | M | 67559 | Disposed | 2015-03-02 | Common Stock (67559) | Direct |
| 2010-05-03 | Non-Qualified Stock Option (right to buy) | $3.87 | M | 10000 | Disposed | 2012-08-07 | Common Stock (10000) | Direct |
| 2010-05-03 | Non-Qualified Stock Option (right to buy) | $4.58 | M | 22441 | Disposed | 2015-03-02 | Common Stock (22441) | Direct |
| 2010-05-03 | Non-Qualified Stock Option (right to buy) | $5.16 | M | 30000 | Disposed | 2014-10-06 | Common Stock (30000) | Direct |
Footnotes
F1: The sales price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.97 to $13.1605.
F2: 25% of the shares became exercisable on 3/2/06. The remaining 75% of the shares became exercisable monthly over the following 36 months. All shares were fully vested and exercisable as of 3/2/09.
F3: 25% of the shares became exercisable of 8/7/03. The remaining 75% of the shares became exercisable monthly over the following 36 months. All shares were fully vested and exercisable as of 8/7/06.
F4: 25% of the shares became exercisable on 10/6/05. The remaining 75% of the shares became exercisable monthly over the following 36 months. All shares were fully veested and exercisable as of 10/6/08.