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CIRRUS LOGIC, INC. — Director's Dealing 2011
Oct 7, 2011
30880_dirs_2011-10-07_016606f9-7a5e-4a86-8613-b0b5a3ad5f34.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: 2011-10-05
Reporting Person: Stein Thomas (VP & GM, EXL)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-10-05 | Non-Qualified Stock Option (right to buy) | $15.41 | A | 30000.0 | Acquired | 2021-10-05 | Common Stock (30000.0) | Direct |
| 2011-10-05 | Restricted Stock Units | $ | A | 15000.0 | Acquired | Common Stock (15000.0) | Direct |
Footnotes
F1: Only vested shares can be exercised under this option. 25% of the shares will vest on 10/5/2012; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 10/5/2015.
F2: Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
F3: 100% of the restricted stock units will vest on 10/5/2014, the 3-year anniversary of the grant date.
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