Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

CIRRUS LOGIC, INC. Director's Dealing 2014

Jul 31, 2014

30880_dirs_2014-07-31_e5392e0f-bdc4-4a2b-9bfa-105ccb69d832.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CIRRUS LOGIC INC (CRUS)
CIK: 0000772406
Period of Report: 2014-07-29

Reporting Person: Turk Timothy R (VP Worldwide Sales)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-07-29 Common Stock M 10000.0 $5.55 Acquired 10000 Direct
2014-07-29 Common Stock S 10000.0 $23.1942 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-07-29 Incentive Stock Option (right to buy) $5.55 M 10000.0 Disposed 2019-10-07 Common Stock (10000) Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.19 to $23.20. The reporting person will provide full information regarding the number of shares sold at 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: 25% of the shares became exercisable on 10/7/10. The remaining 75% of the shares vested and became exercisable over the following 36 months so that the option was fully vested on 10/7/13.