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CIRRUS LOGIC, INC. Director's Dealing 2014

Aug 28, 2014

30880_dirs_2014-08-28_cc9c43a0-a7f1-4f3c-9a87-88b1da711330.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: 2014-08-26

Reporting Person: CASE THURMAN K (VP and CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-08-26 Common Stock M 20000.0 $5.55 Acquired 29122 Direct
2014-08-26 Common Stock S 20000.0 $23.7102 Disposed 9122 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-08-26 Non-Qualified Stock Option (right to buy) $5.55 M 20000.0 Disposed 2019-10-07 Common Stock (20000) 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 $23.70 to $23.75. 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 upon request.

F2: Only vested shares can be exercised under this option. 25% of the shares vested on 10/7/10; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 10/7/13.