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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.
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