AI assistant
CIRRUS LOGIC, INC. — Director's Dealing 2015
Mar 16, 2015
30880_dirs_2015-03-16_b95e2ac8-4200-4953-b36d-405a844dc7cb.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CIRRUS LOGIC INC (CRUS)
CIK: 0000772406
Period of Report: 2015-03-12
Reporting Person: CASE THURMAN K (VP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-12 | Common Stock | M | 12748.0 | $5.55 | Acquired | 30951 | Direct |
| 2015-03-12 | Common Stock | S | 12748.0 | $34.0 | Disposed | 18203 | Direct |
| 2015-03-12 | Common Stock | M | 14582.0 | $5.25 | Acquired | 32785 | Direct |
| 2015-03-12 | Common Stock | S | 14582.0 | $34.0 | Disposed | 18203 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-03-12 | Incentive Stock Option (right to buy) | $5.55 | M | 12748.0 | Disposed | 2019-10-07 | Common Stock (12748) | Direct |
| 2015-03-12 | Non-Qualified Stock Option (right to buy) | $5.25 | M | 14582.0 | Disposed | 2018-10-01 | Common Stock (14582) | Direct |
Footnotes
F1: This transaction was made pursuant to a Rule 10b5-1 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 10/7/09. The remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 10/7/12.
F3: Only vested shares can be exercised under this option. 25% of the shares vested and became exercisable on 10/1/08. The remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 10/1/11.