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CIRRUS LOGIC, INC. Director's Dealing 2013

Nov 8, 2013

30880_dirs_2013-11-08_c988e495-7f5a-4590-8039-02631c185403.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: 2013-10-06

Reporting Person: Rhode Jason P (Director, President & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-10-06 Common Stock M 37500.0 $0.0 Acquired 68812 Direct
2013-10-06 Common Stock F 14182.0 $0.0 Disposed 54630 Direct
2013-11-06 Common Stock M 41371.0 $5.25 Acquired 96001 Direct
2013-11-06 Common Stock S 41371.0 $22.7084 Disposed 54630 Direct
2013-11-07 Common Stock M 60000.0 $5.55 Acquired 114630 Direct
2013-11-07 Common Stock S 60000.0 $22.3833 Disposed 54630 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-11-06 Non-Qualified Stock Option (right to buy) $5.25 M 41371.0 Disposed 2018-10-01 Common Stock (41371) Direct
2013-11-07 Non-Qualified Stock Option (right to buy) $5.55 M 60000.0 Disposed 2019-10-07 Common Stock (60000) Direct
2013-10-06 Restricted Stock Units $ M 37500.0 Disposed Common Stock (37500) Direct

Footnotes

F1: Each restricted stock unit was the economic equivalent of one share of common stock. The restricted stock unit vested on October 6, 2013, and the Company withheld sufficient shares for payment of required tax liabilities.

F2: Only vested shares can be exercised under this option. 25% of the shares vested and became exercisable on 10/01/09. The remaining 75% of shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 10/01/12.

F3: Only vested shares can be exercised under this option. 25% of the shares vested and became exercisable on 10/7/10. The remaining 75% of shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 10/7/13.

F4: Expiration date of 10/6/13.