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CIRRUS LOGIC, INC. — Director's Dealing 2010
Jun 2, 2010
30880_dirs_2010-06-02_f8f3ffc6-5445-48d9-ae3f-5d11ab624dd6.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: 2010-06-01
Reporting Person: THOMAS SCOTT (VP General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-06-01 | Common Stock | M | 18750 | $4.58 | Acquired | 30917 | Direct |
| 2010-06-01 | Common Stock | S | 18750 | $14.2419 | Disposed | 12167 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-06-01 | Incentive Stock Option (right to buy) | $4.58 | M | 18750 | Disposed | 2015-03-02 | Common Stock (18750) | Direct |
Footnotes
F1: The transactions reported on this Form 4 were effected pursuant to a Rule 10B5-1 trading plan adopted by the reporting person on April 30, 2010.
F2: The sales price reported in Column 4 is a weighted average price. Prices range from $14.05 to $14.68.
F3: 25% of the shares became exercisable on 03/0/06. The remaining 75% of the shares vested and became exercisable monthly over the following 36 months. All shares were fully vested and exercisable as of 03/02/09.
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