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CIRRUS LOGIC, INC. — Director's Dealing 2011
Feb 9, 2011
30880_dirs_2011-02-09_f783acd6-55c8-411c-9404-aaa0418eaeda.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: 2011-02-08
Reporting Person: DEHNE TIMOTHY R (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-08 | Common Stock | M | 5000 | $5.49 | Acquired | 7000 | Direct |
| 2011-02-08 | Common Stock | S | 5000 | $24.1601 | Disposed | 2000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-02-08 | Non-Qualified Stock Option (right to buy) | $5.49 | M | 5000 | Disposed | 2019-07-24 | Common Stock (5000) | Direct |
Footnotes
F1: This non-qualified stock option grant was granted to the reporting person on 7/24/2009 and is exercisable according the following 4-year schedule: 25% of the shares vested and became exercisable on 7/24/10. The remaining 75% of the shares vest in 36 equal monthly installments beginning on 8/24/2010 until all shares are fully vested and exercisable on 7/24/2013.
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