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CIRRUS LOGIC, INC. — Director's Dealing 2010
Apr 16, 2010
30880_dirs_2010-04-16_6b9b4092-51ca-4aab-bce4-488822b0e62d.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: Benson JoDee (VP Corp Mkt Comm & Human Res.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-04-14 | Common Stock | S | 6505 | $10 | Disposed | 395 | Direct |
| 2010-04-15 | Common Stock | M | 40000 | $4.58 | Acquired | 40395 | Direct |
| 2010-04-15 | Common Stock | S | 40000 | $10.5005 | Disposed | 395 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-04-15 | Incentive Stock Option (right to buy) | $4.58 | M | 40000 | Disposed | 2015-03-02 | Common Stock (40000) | Direct |
Footnotes
F1: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 6, 2009.
F2: The sales price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.50 to $10.51.
F3: 25% of the shares became exercisable on 03/02/2006. The remaining 75% of the shares became exercisable monthly over the following 36 months. All shares were fully vested and exercisable as of 03/02/2009.
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