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CIRRUS LOGIC, INC. Director's Dealing 2011

Feb 2, 2011

30880_dirs_2011-02-02_685d7b79-bd8d-4643-ba41-7ec74266fe9c.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: 2011-01-31

Reporting Person: Carlson Randolph K (VP, Supply Chain)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-01-31 Common Stock M 625 $6.63 Acquired 625 Direct
2011-01-31 Common Stock S 625 $21.2009 Disposed 0 Direct
2011-01-31 Common Stock M 2500 $5.55 Acquired 2500 Direct
2011-01-31 Common Stock S 2500 $21.2009 Disposed 0 Direct
2011-01-31 Common Stock M 1354 $5.53 Acquired 1354 Direct
2011-01-31 Common Stock S 1354 $21.2009 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-01-31 Incentive Stock Option (right to buy) $5.53 M 1354 Disposed 2019-12-02 Common Stock (1354) Direct
2011-01-31 Incentive Stock Option (right to buy) $5.55 M 2500 Disposed 2019-10-07 Common Stock (2500) Direct
2011-01-31 Incentive Stock Option (right to buy) $6.63 M 625 Disposed 2018-06-04 Common Stock (625) Direct

Footnotes

F1: The sales price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.19 to $21.23. The reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to any security holder of Cirrus Logic, Inc. or the staff of the Securities and Exchange Commission, upon request.

F2: This incentive employee stock option grant was granted to the reporting person on 12/2/2009 and vests over a 4-year schedule as follows: 25% of the shares vested and became exercisable on 12/2/2010. The remaining 75% of the shares began vesting in 36 equal monthly installments on 1/2/2011. The option will be fully vested and exercisable on 12/2/2013.

F3: This incentive employee stock option grant was granted to the reporting person on 10/7/2009 and vests over a 4-year schedule as follows: 25% of the shares vested and became exercisable on 10/7/2010. The remaining 75% of the shares began vesting in 36 equal monthly installments on 11/7/2010. The option will be fully vested and exercisable on 10/7/2013.

F4: This incentive employee stock option grant was granted to the reporting person on 6/4/2008 and vests over a 4-year schedule as follows: 25% of the shares vested and became exercisable on 6/4/2009. The remaining 75% of the shares began vesting in 36 equal monthly installments on 7/4/2009. The option will be fully vested and exercisable on 6/4/2012.