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CIRRUS LOGIC, INC. — Director's Dealing 2011
Feb 7, 2011
30880_dirs_2011-02-07_f80dc4e9-5179-4a45-b2d7-df9d984cb289.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: 2011-02-03
Reporting Person: Carlson Randolph K (VP, Supply Chain)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-03 | Common Stock | M | 2500 | $6.92 | Acquired | 2500 | Direct |
| 2011-02-03 | Common Stock | S | 2500 | $23.6801 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-02-03 | Incentive Stock Option (right to buy) | $6.92 | M | 2500 | Disposed | 2020-02-03 | Common Stock (2500) | Direct |
Footnotes
F1: This incentive employee stock option grant was granted to the reporting person on 2/3/2010. The options are exercisable according to the following 4-year schedule: 25% of the shares vested and became exercisable on 2/3/11. The remaining 75% of the shares will begin vesting in 36 equal monthly installments on 3/3/2011. The option will be fully vested and exercisable on 2/3/2014.
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