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CIRRUS LOGIC, INC. — Director's Dealing 2012
Aug 2, 2012
30880_dirs_2012-08-02_dce811d3-cf4f-4a13-9fa1-6b56ecd07db1.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: 2012-07-31
Reporting Person: Turk Timothy R (VP Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-07-31 | Common Stock | M | 10000.0 | $5.25 | Acquired | 10000.0 | Direct |
| 2012-07-31 | Common Stock | S | 10000.0 | $37.0 | Disposed | 0.0 | Direct |
| 2012-07-31 | Common Stock | M | 11753.0 | $6.71 | Acquired | 11753.0 | Direct |
| 2012-07-31 | Common Stock | S | 11753.0 | $36.1 | Disposed | 0.0 | Direct |
| 2012-07-31 | Common Stock | M | 13612.0 | $6.71 | Acquired | 13612.0 | Direct |
| 2012-07-31 | Common Stock | S | 13612.0 | $36.1 | Disposed | 0.0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-07-31 | Incentive Stock Option (right to buy) | $6.71 | M | 13612.0 | Disposed | 2017-09-05 | Common Stock (13612.0) | Direct |
| 2012-07-31 | Non-Qualified Stock Option (right to buy) | $5.25 | M | 10000.0 | Disposed | 2018-10-01 | Common Stock (10000.0) | Direct |
| 2012-07-31 | Non-Qualified Stock Option (right to buy) | $6.71 | M | 11753.0 | Disposed | 2017-09-05 | Common Stock (11753.0) | Direct |
Footnotes
F1: Transaction reported on the Form 4 was effected pursuant to a Rule 10B5-1 Plan adopted by the reporting person on 2/9/12
F2: 25% of the shares became exercisable on 9/5/08 and the remaining 75% of the shares vested over the next 36 months. The shares were fully exercisable on 9/5/11
F3: 25% of the shares became exercisable on 10/1/09 and the remaining 75% vested over the next 36 months. The shares were fully exercisable on 12/1/11
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