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CIRRUS LOGIC, INC. — Director's Dealing 2010
Apr 16, 2010
30880_dirs_2010-04-16_04bf184a-2837-4c96-aed5-e373c39e1b80.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: 2010-04-14
Reporting Person: THOMAS SCOTT (VP General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-04-14 | Common Stock | M | 3750 | $3.4 | Acquired | 15917 | Direct |
| 2010-04-14 | Common Stock | S | 3750 | $10 | Disposed | 12167 | Direct |
| 2010-04-14 | Common Stock | M | 1063 | $3.4 | Acquired | 13230 | Direct |
| 2010-04-14 | Common Stock | S | 1063 | $10 | Disposed | 12167 | Direct |
| 2010-04-14 | Common Stock | M | 2889 | $3.4 | Acquired | 15056 | Direct |
| 2010-04-14 | Common Stock | S | 2889 | $10 | Disposed | 12167 | Direct |
| 2010-04-14 | Common Stock | M | 4805 | $3.4 | Acquired | 16972 | Direct |
| 2010-04-14 | Common Stock | S | 4805 | $10 | Disposed | 12167 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-04-14 | Non-Qualified Stock Option (right to buy) | $3.4 | M | 3750 | Disposed | 2013-06-23 | Common Stock (3750) | Direct |
| 2010-04-14 | Non-Qualified Stock Option (right to buy) | $3.4 | M | 1063 | Disposed | 2013-06-23 | Common Stock (1063) | Direct |
| 2010-04-14 | Non-Qualified Stock Option (right to buy) | $3.4 | M | 2889 | Disposed | 2013-06-23 | Common Stock (2889) | Direct |
| 2010-04-14 | Non-Qualified Stock Option (right to buy) | $3.4 | M | 4805 | Disposed | 2013-06-23 | Common Stock (4805) | 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 July 27, 2009.
F2: 20% of the option became exercisable on 12/23/03, 20% became exercisable on 6/23/04, and the remaining 60% of the shares granted became exercisable monthly over the next 36 months.
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