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CIRRUS LOGIC, INC. — Director's Dealing 2010
Oct 8, 2010
30880_dirs_2010-10-08_d9a1edcc-adb5-4343-a39b-d4965264d6e2.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: 2010-10-06
Reporting Person: Brennan Gregory L (VP and GM, Apex Precision Pwr)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-10-06 | Incentive Stock Option (right to buy) | $16.25 | A | 7449 | Acquired | 2020-10-06 | Common Stock (7449) | Direct |
| 2010-10-06 | Non-Qualified Stock Option (right to buy) | $16.25 | A | 17551 | Acquired | 2020-10-06 | Common Stock (17551) | Direct |
| 2010-10-06 | Restricted Stock Units | $ | A | 12500 | Acquired | Common Stock (12500) | Direct |
Footnotes
F1: Only vested shares can be exercised under this option. 25% of the shares will vest on 10/6/11; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 10/6/14.
F2: Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
F3: 100% of the restricted stock units will vest on 10/6/2013, the 3-year anniversary of the grant date.
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