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CIRRUS LOGIC, INC. — Director's Dealing 2012
Aug 24, 2012
30880_dirs_2012-08-24_24c49d12-e3ef-4113-94da-700588fbcbf4.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: 2012-08-23
Reporting Person: Rhode Jason P (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-08-23 | Common Stock | M | 50000.0 | $8.06 | Acquired | 73812.0 | Direct |
| 2012-08-23 | Common Stock | S | 50000.0 | $40.0 | Disposed | 23812.0 | Direct |
| 2012-08-23 | Common Stock | M | 7500.0 | $6.97 | Acquired | 31312.0 | Direct |
| 2012-08-23 | Common Stock | S | 7500.0 | $40.0 | Disposed | 23812.0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-08-23 | Non-Qualified Stock Option (right to buy) | $6.97 | M | 7500.0 | Disposed | 2013-10-24 | Common Stock (7500.0) | Direct |
| 2012-08-23 | Non-Qualified Stock Option (right to buy) | $8.06 | M | 50000.0 | Disposed | 2016-03-01 | Common Stock (50000.0) | Direct |
Footnotes
F1: Transaction reported on the Form 4 was effected pursuant to a Rule 10B5-1 Plan adopted by the reporting person on 5/15/12.
F2: 25% of the shares became vested and exercisable on 10/24/04. The remaining 75% of the shares vested monthly over the next 36 months. The option shares were fully vested on 10/24/07.
F3: 25% of the shares became vested and exercisable on 3/1/07. The remaining 75% of the shares vested monthly over the next 36 months. The option shares were fully vested on 3/1/10.
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