Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

CIRRUS LOGIC, INC. Director's Dealing 2011

Feb 2, 2011

30880_dirs_2011-02-02_8ac2df53-0a74-4a6c-8d7c-3843d3c97db5.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CIRRUS LOGIC INC (CRUS)
CIK: 0000772406
Period of Report: 2011-01-31

Reporting Person: ANDERSON SCOTT ARNOLD (SVP & GM Mixed Signal Audio)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-01-31 Common Stock M 24511 $5.67 Acquired 54511 Direct
2011-01-31 Common Stock S 24511 $21.0858 Disposed 30000 Direct
2011-01-31 Common Stock M 5489 $5.67 Acquired 35489 Direct
2011-01-31 Common Stock S 5489 $21.0858 Disposed 30000 Direct
2011-02-02 Common Stock M 30000 $5.67 Acquired 60000 Direct
2011-02-02 Common Stock S 30000 $22.4402 Disposed 30000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-01-31 Incentive Stock Option (right to buy) $5.67 M 24511 Disposed 2017-11-07 Common Stock (24511) Direct
2011-01-31 Non-Qualified Stock Option (right to buy) $5.67 M 5489 Disposed 2017-11-07 Common Stock (5489) Direct
2011-02-02 Non-Qualified Stock Option (right to buy) $5.67 M 30000 Disposed 2017-11-07 Common Stock (30000) 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 $21.06 to $21.13. 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: The sales price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.42 to $22.49. 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.

F3: This incentive employee stock option grant and its companion non-qualified employee stock option grant, together totaling 200,000 options, were granted to the reporting person on 11/7/2007. The options are exercisable according to the following 4-year schedule: on 11/7/2008, 25% of the shares vested and became exercisable. The remaining 75% of the shares began vesting in 36 equal monthly installments on 12/7/2008. The option will be fully vested and exercisable on 11/7/2011.

F4: This non-qualified employee stock option grant and its companion incentive employee stock option grant, together totaling 200,000 options, were granted to the reporting person on 11/7/2007. The options are exercisable according to the following 4-year schedule: on 11/7/2008, 25% of the shares vested and became exercisable. The remaining 75% of the shares began vesting in 36 equal monthly installments on 12/7/2008. The option will be fully vested and exercisable on 11/7/2011.