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CIRRUS LOGIC, INC. — Director's Dealing 2010
Aug 4, 2010
30880_dirs_2010-08-04_48adc454-442b-42d2-8932-63e7f995c52c.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: 2010-08-02
Reporting Person: Rhode Jason P (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-08-02 | Common Stock | M | 121456 | $5.25 | Acquired | 128768 | Direct |
| 2010-08-02 | Common Stock | S | 121456 | $19.9461 | Disposed | 7312 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-08-02 | Non-Qualified Stock Option (right to buy) | $5.25 | M | 121456 | Disposed | 2018-10-01 | Common Stock (121456) | 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 27, 2010.
F2: The sales price reported in Column 4 is a weighted average price. Prices range from $19.90 to $20.10.
F3: 25% of the shares became exercisable on 10/1/2009. The remaining 75% of the shares vested and became exercisable monthly over the following 36 months.
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