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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.