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CIRRUS LOGIC, INC. — Director's Dealing 2012
Aug 10, 2012
30880_dirs_2012-08-10_d194f46b-5ce1-4475-82b0-bde4ec36194f.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: 2012-08-09
Reporting Person: Brennan Gregory L (VP APP, VP APP)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-08-09 | Common Stock | M | 5000.0 | $7.35 | Acquired | 11881.0 | Direct |
| 2012-08-09 | Common Stock | S | 5000.0 | $38.1106 | Disposed | 6881.0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-08-09 | Incentive Stock Option (right to buy) | $7.35 | M | 5000.0 | Disposed | 2017-08-01 | Common Stock (5000.0) | Direct |
Footnotes
F1: The sales price reported in Table I- Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.10 to $38.14. The reporting person will provide full information regarding the number of shares sold as each separate price within the ranges set forth in this footnote to any security holder of Cirrus Logic, Inc. or the staff of the SEC, upon request.
F2: This incentive stock option was granted on 8/1/07. 25% of the shares vested and became exercisable on 8/1/08 and the remaining 75% of the shares had vested over the next 36 months beginning on 9/1/08. The shares will became fully vested and exercisable on 8/1/11.