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CIRRUS LOGIC, INC. — Director's Dealing 2010
Jun 21, 2010
30880_dirs_2010-06-21_7a1b2158-52e5-415d-9099-50cf0e935bf7.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: 2010-06-18
Reporting Person: THOMAS SCOTT (VP General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-06-18 | Common Stock | M | 53120 | $7.53 | Acquired | 65287 | Direct |
| 2010-06-18 | Common Stock | S | 53120 | $17.5 | Disposed | 12167 | Direct |
| 2010-06-18 | Common Stock | M | 46880 | $7.53 | Acquired | 59047 | Direct |
| 2010-06-18 | Common Stock | S | 46880 | $17.5 | Disposed | 12167 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-06-18 | Incentive Stock Option (right to buy) | $7.53 | M | 53120 | Disposed | 2013-12-18 | Common Stock (53120) | Direct |
| 2010-06-18 | Non-Qualified Stock Option (right to buy) | $7.53 | M | 46880 | Disposed | 2013-12-18 | Common Stock (46880) | Direct |
Footnotes
F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 30, 2010.
F2: 25% of the shares became exercisable on 12/18/04. The remaining 75% of the shares vested and became exercisable monthly over the following 36 months. All shares were fully vested and exercisable as of 12/18/07.
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