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CIRRUS LOGIC, INC. Director's Dealing 2010

Jul 22, 2010

30880_dirs_2010-07-22_4cd23e02-d88b-436f-ab8e-50663287e22c.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: 2010-07-21

Reporting Person: Benson JoDee (VP Corp Mkt Comm & Human Res.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-07-21 Common Stock M 10934 $6.51 Acquired 11329 Direct
2010-07-21 Common Stock S 10934 $18.92 Disposed 395 Direct
2010-07-21 Common Stock M 3128 $6.51 Acquired 3523 Direct
2010-07-21 Common Stock S 3128 $18.92 Disposed 395 Direct
2010-07-21 Common Stock M 22165 $5.25 Acquired 22560 Direct
2010-07-21 Common Stock S 22165 $19 Disposed 395 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-07-21 Incentive Stock Option (right to buy) $6.51 M 10934 Disposed 2017-10-03 Common Stock (10934) Direct
2010-07-21 Non-Qualified Stock Option (right to buy) $5.25 M 22165 Disposed 2018-10-01 Common Stock (22165) Direct
2010-07-21 Non-Qualified Stock Option (right to buy) $6.51 M 3128 Disposed 2017-10-03 Common Stock (3128) 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 May 26, 2010.

F2: 25% of the shares became exercisable on 10/3/08. The remaining 75% of the shares vest and become exercisable monthly over the following 36 months.

F3: 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.