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CIRRUS LOGIC, INC. Director's Dealing 2010

Apr 29, 2010

30880_dirs_2010-04-29_2d00c99e-38fa-4dc8-9a95-cf24a91d5e35.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: 2010-04-27

Reporting Person: Benson JoDee (VP Corp Mkt Comm & Human Res.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-04-27 Common Stock M 15000 $6.97 Acquired 15395 Direct
2010-04-27 Common Stock S 15000 $12 Disposed 395 Direct
2010-04-27 Common Stock M 20000 $5.16 Acquired 20395 Direct
2010-04-27 Common Stock S 20000 $11.0014 Disposed 395 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-04-27 Non-Qualified Stock Option (right to buy) $5.16 M 20000 Disposed 2014-10-06 Common Stock (20000) Direct
2010-04-27 Non-Qualified Stock Option (right to buy) $6.97 M 15000 Disposed 2013-10-24 Common Stock (15000) Direct

Footnotes

F1: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 6, 2009.

F2: The sales prices reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.01.

F3: Only vested shares can be exercised under this option. The vesting schedule is: 25% of the shares granted under the option will vest and become exercisable on 10/6/2005; the remaining shares exercisable under the option vest monthly over the next thirty-six (36) months so that the shares are fully vested on 10/6/2008.

F4: Only vested shares can be exercised under this option. The vesting schedule is: 25% of the shares granted were fully vested and exercisable on 10/24/2004; the remaining shares exercisable under the option vest monthly over the next thirty-six (36) months so that the shares are fully vested on 10/24/2007.