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CIRRUS LOGIC, INC. — Director's Dealing 2010
Oct 1, 2010
30880_dirs_2010-10-01_e3f514e3-7c28-40c7-abe0-7941d416d36a.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: 2010-09-29
Reporting Person: CASE THURMAN K (VP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-09-29 | Common Stock | M | 20451 | $8.41 | Acquired | 20451 | Direct |
| 2010-09-29 | Common Stock | S | 20451 | $18.75 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-09-29 | Incentive Stock Option (right to buy) | $8.41 | M | 20451 | Disposed | 2017-03-07 | Common Stock (20451) | Direct |
Footnotes
F1: The sales price reported in Column 4 is a weighted average price. Prices ranged from $18.750 to $18.755.
F2: The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 19, 2010.
F3: This incentive employee stock option grant and its companion non-qualified employee stock option grant, together totaling 50,000 options, were granted to the reporting person on 3/7/2007. On 3/7/2008, 25% of the shares from the grants vested and became exercisable. The remaining 75% of the shares began vesting in 36 equal monthly installments on 4/7/2008.