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CIRRUS LOGIC, INC. — Director's Dealing 2013
Feb 12, 2013
30880_dirs_2013-02-12_d35d5d1a-3294-4665-8d98-0eb5bba39453.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: 2013-02-08
Reporting Person: CASE THURMAN K (VP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-02-08 | Common Stock | M | 5250.0 | $3.4 | Acquired | 12130.0 | Direct |
| 2013-02-08 | Common Stock | S | 5250.0 | $27.6996 | Disposed | 6880.0 | Direct |
| 2013-02-08 | Common Stock | M | 3450.0 | $3.4 | Acquired | 10330.0 | Direct |
| 2013-02-08 | Common Stock | S | 3450.0 | $27.6996 | Disposed | 6880.0 | Direct |
| 2013-02-08 | Common Stock | M | 546.0 | $3.4 | Acquired | 7426.0 | Direct |
| 2013-02-08 | Common Stock | S | 546.0 | $27.6996 | Disposed | 6880.0 | Direct |
| 2013-02-08 | Common Stock | M | 288.0 | $3.4 | Acquired | 7168.0 | Direct |
| 2013-02-08 | Common Stock | S | 288.0 | $27.6996 | Disposed | 6880.0 | Direct |
| 2013-02-08 | Common Stock | M | 4516.0 | $3.4 | Acquired | 11396.0 | Direct |
| 2013-02-08 | Common Stock | S | 4516.0 | $27.6996 | Disposed | 6880.0 | Direct |
| 2013-02-08 | Common Stock | M | 1859.0 | $3.4 | Acquired | 8739.0 | Direct |
| 2013-02-08 | Common Stock | S | 1859.0 | $27.6996 | Disposed | 6880.0 | Direct |
| 2013-02-08 | Common Stock | M | 2265.0 | $3.4 | Acquired | 9145.0 | Direct |
| 2013-02-08 | Common Stock | S | 2265.0 | $27.6996 | Disposed | 6880.0 | Direct |
| 2013-02-08 | Common Stock | M | 1485.0 | $3.4 | Acquired | 8365.0 | Direct |
| 2013-02-08 | Common Stock | S | 1485.0 | $27.6996 | Disposed | 6880.0 | Direct |
| 2013-02-08 | Common Stock | M | 7500.0 | $3.4 | Acquired | 14380.0 | Direct |
| 2013-02-08 | Common Stock | S | 7500.0 | $27.6996 | Disposed | 6880.0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-02-08 | Non-Qualified Stock Option (right to buy) | $3.4 | M | 5250.0 | Disposed | 2013-06-23 | Common Stock (5250.0) | Direct |
| 2013-02-08 | Non-Qualified Stock Option (right to buy) | $3.4 | M | 3450.0 | Disposed | 2013-06-23 | Common Stock (3450.0) | Direct |
| 2013-02-08 | Non-Qualified Stock Option (right to buy) | $3.4 | M | 546.0 | Disposed | 2013-06-23 | Common Stock (546.0) | Direct |
| 2013-02-08 | Non-Qualified Stock Option (right to buy) | $3.4 | M | 288.0 | Disposed | 2013-06-23 | Common Stock (288.0) | Direct |
| 2013-02-08 | Non-Qualified Stock Option (right to buy) | $3.4 | M | 4516.0 | Disposed | 2013-06-23 | Common Stock (4516.0) | Direct |
| 2013-02-08 | Non-Qualified Stock Option (right to buy) | $3.4 | M | 1859.0 | Disposed | 2013-06-23 | Common Stock (1859.0) | Direct |
| 2013-02-08 | Non-Qualified Stock Option (right to buy) | $3.4 | M | 2265.0 | Disposed | 2013-06-23 | Common Stock (2265.0) | Direct |
| 2013-02-08 | Non-Qualified Stock Option (right to buy) | $3.4 | M | 1485.0 | Disposed | 2013-06-23 | Common Stock (1485.0) | Direct |
| 2013-02-08 | Non-Qualified Stock Option (right to buy) | $3.4 | M | 7500.0 | Disposed | 2013-06-23 | Common Stock (7500.0) | 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 $27.65 to $27.76. Upon request, 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.
F2: 20% of the shares became exercisable under the option on December 23, 2003; 20% became exercisable on June 23, 2004; the remaining 60% of the shares became exercisable monthly over the next thirty-six months (36) so that the shares were fully-vested on June 23, 2007.