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CIRRUS LOGIC, INC. — Director's Dealing 2010
Jul 27, 2010
30880_dirs_2010-07-27_f05b874c-dad0-4043-9d1a-c9dfd6e7d1d5.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: 2010-07-23
Reporting Person: Stein Thomas (VP & GM, EXL Division)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-07-23 | Common Stock | M | 208 | $6.56 | Acquired | 208 | Direct |
| 2010-07-23 | Common Stock | S | 208 | $19.75 | Disposed | 0 | Direct |
| 2010-07-23 | Common Stock | M | 5312 | $6.51 | Acquired | 5312 | Direct |
| 2010-07-23 | Common Stock | S | 5312 | $19.75 | Disposed | 0 | Direct |
| 2010-07-23 | Common Stock | M | 313 | $6.63 | Acquired | 313 | Direct |
| 2010-07-23 | Common Stock | S | 313 | $19.75 | Disposed | 0 | Direct |
| 2010-07-23 | Common Stock | M | 13305 | $5.25 | Acquired | 13305 | Direct |
| 2010-07-23 | Common Stock | S | 13305 | $19.75 | Disposed | 0 | Direct |
| 2010-07-23 | Common Stock | M | 1875 | $3.4 | Acquired | 1875 | Direct |
| 2010-07-23 | Common Stock | S | 1875 | $19.75 | Disposed | 0 | Direct |
| 2010-07-23 | Common Stock | M | 1200 | $3.4 | Acquired | 1200 | Direct |
| 2010-07-23 | Common Stock | S | 1200 | $19.75 | Disposed | 0 | Direct |
| 2010-07-23 | Common Stock | M | 677 | $3.4 | Acquired | 677 | Direct |
| 2010-07-23 | Common Stock | S | 677 | $19.75 | Disposed | 0 | Direct |
| 2010-07-23 | Common Stock | M | 750 | $3.4 | Acquired | 750 | Direct |
| 2010-07-23 | Common Stock | S | 750 | $19.75 | Disposed | 0 | Direct |
| 2010-07-23 | Common Stock | M | 638 | $3.4 | Acquired | 638 | Direct |
| 2010-07-23 | Common Stock | S | 638 | $19.75 | Disposed | 0 | Direct |
| 2010-07-23 | Common Stock | M | 750 | $3.4 | Acquired | 750 | Direct |
| 2010-07-23 | Common Stock | S | 750 | $19.75 | Disposed | 0 | Direct |
| 2010-07-23 | Common Stock | M | 352 | $3.4 | Acquired | 352 | Direct |
| 2010-07-23 | Common Stock | S | 352 | $19.75 | Disposed | 0 | Direct |
| 2010-07-23 | Common Stock | M | 282 | $3.4 | Acquired | 282 | Direct |
| 2010-07-23 | Common Stock | S | 282 | $19.75 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-07-23 | Incentive Stock Option (right to buy) | $6.51 | M | 5312 | Disposed | 2017-10-03 | Common Stock (5312) | Direct |
| 2010-07-23 | Incentive Stock Option (right to buy) | $6.63 | M | 313 | Disposed | 2018-06-04 | Common Stock (313) | Direct |
| 2010-07-23 | Non-Qualified Stock Option (right to buy) | $3.4 | M | 1875 | Disposed | 2013-06-23 | Common Stock (1875) | Direct |
| 2010-07-23 | Non-Qualified Stock Option (right to buy) | $3.4 | M | 1200 | Disposed | 2013-06-23 | Common Stock (1200) | Direct |
| 2010-07-23 | Non-Qualified Stock Option (right to buy) | $3.4 | M | 677 | Disposed | 2013-06-23 | Common Stock (677) | Direct |
| 2010-07-23 | Non-Qualified Stock Option (right to buy) | $3.4 | M | 750 | Disposed | 2013-06-23 | Common Stock (750) | Direct |
| 2010-07-23 | Non-Qualified Stock Option (right to buy) | $3.4 | M | 638 | Disposed | 2013-06-23 | Common Stock (638) | Direct |
| 2010-07-23 | Non-Qualified Stock Option (right to buy) | $3.4 | M | 750 | Disposed | 2013-06-23 | Common Stock (750) | Direct |
| 2010-07-23 | Non-Qualified Stock Option (right to buy) | $3.4 | M | 352 | Disposed | 2013-06-23 | Common Stock (352) | Direct |
| 2010-07-23 | Non-Qualified Stock Option (right to buy) | $3.4 | M | 282 | Disposed | 2013-06-23 | Common Stock (282) | Direct |
| 2010-07-23 | Non-Qualified Stock Option (right to buy) | $5.25 | M | 13305 | Disposed | 2018-10-01 | Common Stock (13305) | Direct |
| 2010-07-23 | Non-Qualified Stock Option (right to buy) | $6.56 | M | 208 | Disposed | 2016-08-02 | Common Stock (208) | Direct |
Footnotes
F1: The sales price reported in Column 4 is a weighted average price. Prices range from $19.74 to $19.78.
F2: 25% of the shares became exercisable on 10/3/08. The remaining 75% of the shares vest and become exercisable monthly over the following 36 months.
F3: 25% of the shares became exercisable on 6/4/09. The remaining 75% of the shares vest and become exercisable monthly over the following 36 months.
F4: 20% of the shares became exercisable on 12/23/03, 20% of the shares became exercisable on 6/23/04, and 60% of the shares became exercisable monthly over the following 36 months. All shares were fully vested and exercisable as of 6/23/07.
F5: 25% of the shares became exercisable on 10/1/09. The remaining 75% of the shares vest and become exercisable monthly over the following 36 months.
F6: 25% of the shares became exercisable on 8/2/07. The remaining 75% of the shares vest and become exercisable monthly over the following 36 months.