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CIRRUS LOGIC, INC. — Director's Dealing 2014
May 9, 2014
30880_dirs_2014-05-09_f6fed065-13a5-4cfc-b254-6c3500a9a347.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: 2014-05-07
Reporting Person: Smith Eric C (VP & GM)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-05-07 | Incentive Stock Option (right to buy) | $22.62 | A | 17680.0 | Acquired | 2024-05-07 | Common Stock (17680) | Direct |
| 2014-05-07 | Non-Qualified Stock Option (right to buy) | $22.62 | A | 42320.0 | Acquired | 2024-05-07 | Common Stock (42320) | Direct |
| 2014-05-07 | Restricted Stock Units | $ | A | 17500.0 | Acquired | Common Stock (17500) | Direct |
Footnotes
F1: Only vested shares can be exercised under this option. 25% of the shares will vest on 05/07/15; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 05/07/18.
F2: Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
F3: One-third of the shares will vest annually from the date of grant over a three-year period.
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