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CIRRUS LOGIC, INC. — Director's Dealing 2014
Oct 3, 2014
30880_dirs_2014-10-03_cfe5d768-7f75-4080-bd73-0eda12a37b56.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: 2014-10-01
Reporting Person: Benson JoDee (VP & Chief Culture Office)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-10-01 | Incentive Stock Option (right to buy) | $20.37 | A | 5404.0 | Acquired | 2024-10-01 | Common Stock (5404) | Direct |
| 2014-10-01 | Non-Qualified Stock Option (right to buy) | $20.37 | A | 17596.0 | Acquired | 2024-10-01 | Common Stock (17596) | Direct |
| 2014-10-01 | Restricted Stock Units | $ | A | 11500.0 | Acquired | Common Stock (11500) | Direct |
Footnotes
F1: Only vested shares can be exercised under this option. 25% of the shares will vest on 10/1/15; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 10/1/18.
F2: Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
F3: 100% of the restricted stock units will vest on 10/1/17, the 3-year anniversary of the grant date.
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