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CIRRUS LOGIC, INC. — Director's Dealing 2010
Aug 4, 2010
30880_dirs_2010-08-04_fb3004da-dce1-490c-a63b-277cc1b3dea3.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: THOMAS SCOTT (VP General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-08-02 | Common Stock | M | 20000 | $4.58 | Acquired | 32167 | Direct |
| 2010-08-02 | Common Stock | S | 20000 | $19.8687 | Disposed | 12167 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-08-02 | Non-Qualified Stock Option (right to buy) | $4.58 | M | 20000 | Disposed | 2015-03-02 | Common Stock (20000) | 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 April 30, 2010.
F2: The sales price reported in Column 4 is a weighted average price. Prices range from $19.80 to $19.93.
F3: 25% of the shares became exercisable on 03/02/06. 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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