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CIRRUS LOGIC, INC. Director's Dealing 2010

Sep 8, 2010

30880_dirs_2010-09-08_4982db6b-d02e-4ddb-9dc9-a11cf90af358.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: 2010-09-07

Reporting Person: Turk Timothy R (VP Sales)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-09-07 Common Stock M 5600 $6.71 Acquired 5600 Direct
2010-09-07 Common Stock S 5600 $17.11 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-09-07 Non-Qualified Stock Option (right to buy) $6.71 M 5600 Disposed 2017-09-05 Common Stock (5600) Direct

Footnotes

F1: The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on May 5, 2010.

F2: This non-qualified employee stock option grant and its companion incentive option grant, together totaling 150,000 options, were granted to the reporting person on 9/5/2007. On 9/5/2008, 25% of the shares vested and became exercisable. The remaining 75% of the shares began vesting in 36 equal monthly installments on 10/5/2008.