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CIRRUS LOGIC, INC. — Director's Dealing 2010
Oct 8, 2010
30880_dirs_2010-10-08_5d004545-5faf-4238-9a80-b4f189a53a0b.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: Turk Timothy R (VP Sales)
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 | 6381 | Acquired | 2020-10-06 | Common Stock (6381) | Direct |
| 2010-10-06 | Non-Qualified Stock Option (right to buy) | $16.25 | A | 18619 | Acquired | 2020-10-06 | Common Stock (18619) | 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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