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CIRRUS LOGIC, INC. — Director's Dealing 2015
May 6, 2015
30880_dirs_2015-05-06_13dfab86-fb53-418a-9922-58c33b108edd.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: 2015-05-04
Reporting Person: CASE THURMAN K (VP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-05-04 | Common Stock | M | 10000.0 | $5.55 | Acquired | 28203 | Direct |
| 2015-05-04 | Common Stock | S | 10000.0 | $36.0 | Disposed | 18203 | Direct |
| 2015-05-04 | Common Stock | M | 11000.0 | $5.25 | Acquired | 29203 | Direct |
| 2015-05-04 | Common Stock | S | 11000.0 | $36.0 | Disposed | 18203 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-05-04 | Incentive Stock Option (right to buy) | $5.55 | M | 10000.0 | Disposed | 2019-10-07 | Common Stock (10000) | Direct |
| 2015-05-04 | Non-Qualified Stock Option (right to buy) | $5.25 | M | 11000.0 | Disposed | 2018-10-01 | Common Stock (11000) | Direct |
Footnotes
F1: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 29, 2014.
F2: Only vested shares can be exercised under this option. 25% of the shares vested and became 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.
F3: Only vested shares can be exercised under this option. 25% of the shares vested and became exercisable on 10/1/09. The remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 10/1/12.