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CIRRUS LOGIC, INC. — Director's Dealing 2013
Sep 5, 2013
30880_dirs_2013-09-05_036cd1ce-d02f-46fb-ae94-640504fb0c29.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: 2013-09-03
Reporting Person: CARTER JOHN C (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-09-03 | Common Stock | M | 15000.0 | $5.49 | Acquired | 29026 | Direct |
| 2013-09-03 | Common Stock | S | 15000.0 | $22.95 | Disposed | 14026 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-09-03 | Non-Qualified Stock Option (right to buy) | $5.49 | M | 15000.0 | Disposed | 2019-07-24 | Common Stock (15000) | Direct |
Footnotes
F1: Only vested shares can be exercised under this option. 25% of the shares were vested and exercisable on 07/24/2010; the remaining 75% of the shares vested and became exercisable monthly over the next 36 months so that the option was fully vested and exercisable on 07/24/2013.
F2: The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 Plan adopted by the reporting person on February 7, 2013.
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