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CIRRUS LOGIC, INC. — Director's Dealing 2014
Jun 26, 2014
30880_dirs_2014-06-26_9ffbf1dd-e40b-43f2-8faf-d3486a6e67df.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: 2014-06-24
Reporting Person: Benson JoDee (VP & Chief Culture Office)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-06-24 | Common Stock | M | 21565.0 | $5.55 | Acquired | 30193 | Direct |
| 2014-06-24 | Common Stock | S | 21565.0 | $24.0 | Disposed | 8628 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-06-24 | Incentive Stock Option (right to buy) | $5.55 | M | 21565.0 | Disposed | 2019-10-07 | Common Stock (21565) | Direct |
Footnotes
F1: Transaction reported on the Form 4 was effected pursuant to a Rule 10b5-1 Plan adopted by the reporting person on November 26, 2013.
F2: 25% of the shares became exercisable on 10/07/10. The remaining 75% of the shares vested over the next 36 months. The option was fully exercisable on 10/07/13.
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