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CIRRUS LOGIC, INC. Director's Dealing 2010

Oct 14, 2010

30880_dirs_2010-10-14_bc36bcaa-5501-4c3d-ac92-9e63de20f712.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: 2010-10-13

Reporting Person: Turk Timothy R (VP Sales)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-10-13 Common Stock M 12700 $5.55 Acquired 12700 Direct
2010-10-13 Common Stock S 12700 $16.95 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-10-13 Non-Qualified Stock Option (right to buy) $5.55 M 12700 Disposed 2019-10-07 Common Stock (12700) Direct

Footnotes

F1: The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on May 5, 2010.

F2: This non-qualified employee stock option grant and its companion incentive employee stock option grant, together totaling 70,000 options, were granted to the reporting person on 10/7/2009. On 10/7/2010, 25% of the shares from the grants vested and became exercisable. The remaining 75% of the shares will begin vesting in 36 equal monthly installments on 11/7/2010.