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CIRRUS LOGIC, INC. — Director's Dealing 2010
May 4, 2010
30880_dirs_2010-05-04_729fea48-9838-48ef-9f8d-c82c5a94bf79.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: 2010-04-30
Reporting Person: Turk Timothy R (VP Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-04-30 | Common Stock | M | 25499 | $5.25 | Acquired | 33499 | Direct |
| 2010-04-30 | Common Stock | S | 25499 | $13.0406 | Disposed | 8000 | Direct |
| 2010-04-30 | Common Stock | M | 12000 | $6.71 | Acquired | 20000 | Direct |
| 2010-04-30 | Common Stock | S | 12000 | $13.0406 | Disposed | 8000 | Direct |
| 2010-04-30 | Common Stock | S | 8000 | $12.6 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-04-30 | Incentive Stock Option (right to buy) | $6.71 | M | 12000 | Disposed | 2017-09-05 | Common Stock (12000) | Direct |
| 2010-04-30 | Non-Qualified Stock Option (right to buy) | $5.25 | M | 25499 | Disposed | 2018-10-01 | Common Stock (25499) | Direct |
Footnotes
F1: 25% of the shares became exercisale on 09/05/08. The remaining 75% of the shares vest and become exercisable monthly over the following 36 months. The option will be fully vested and exercisable on 09/05/2011.
F2: 25% of the shares became exercisable on 10/1/09. The remaining 75% of the shares vest and become exercisable monthly over the following 36 months. The option will be fully vested and exercisable on 10/1/2012.
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