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CIRRUS LOGIC, INC. — Director's Dealing 2015
Feb 25, 2015
30880_dirs_2015-02-25_17c6f8b0-d691-4dd1-ad39-a0b87c78800f.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: 2015-02-24
Reporting Person: THOMAS SCOTT (VP General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-24 | Common Stock | M | 40000.0 | $5.55 | Acquired | 63064 | Direct |
| 2015-02-24 | Common Stock | S | 40000.0 | $30.55 | Disposed | 23064 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-24 | Non-Qualified Stock Option (right to buy) | $5.55 | M | 40000.0 | Disposed | 2019-10-07 | Common Stock (40000) | Direct |
Footnotes
F1: This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on August 18, 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.
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