AI assistant
CIRRUS LOGIC, INC. — Director's Dealing 2010
Oct 5, 2010
30880_dirs_2010-10-05_66342d87-4949-4dab-ac1c-dc2481ade6a3.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CIRRUS LOGIC INC (CRUS)
CIK: 0000772406
Period of Report: 2010-10-01
Reporting Person: THOMAS SCOTT (VP General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-10-01 | Common Stock | M | 21250 | $4.58 | Acquired | 33417 | Direct |
| 2010-10-01 | Common Stock | S | 21250 | $17.6122 | Disposed | 12167 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-10-01 | Non-Qualified Stock Option (right to buy) | $4.58 | M | 21250 | Disposed | 2015-03-02 | Common Stock (21250) | 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: The sales price reported in Column 4 is a weighted average price. Prices ranged from $17.1900 to $18.0425.
F3: This non-qualified employee stock option grant and its companion incentive employee stock option grant, together totaling 60,000 options, were granted to the reporting person on 3/2/2005. On 3/2/2006, 25% of the shares from the grants vested and became exercisable. The remaining 75% of the shares began vesting in 36 equal monthly installments until all shares were fully vested as of 3/2/2009.