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CIRRUS LOGIC, INC. Director's Dealing 2015

Aug 5, 2015

30880_dirs_2015-08-05_de723048-7574-47bb-a077-39eaf186653d.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: 2015-08-03

Reporting Person: Rhode Jason P (Director, President & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-08-03 Common Stock M 100000.0 $5.55 Acquired 212265 Direct
2015-08-03 Common Stock S 100000.0 $32.3966 Disposed 112265 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-08-03 Non-Qualified Stock Option (right to buy) $5.55 M 100000.0 Disposed 2019-10-07 Common Stock (100000) Direct

Footnotes

F1: This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on November 25, 2014.

F2: 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 $31.66 to $33.01. 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.

F3: Only vested shares can be exercised under this option. 25% of the shares were vested and exercisable 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.