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CIRRUS LOGIC, INC. — Director's Dealing 2015
Feb 4, 2015
30880_dirs_2015-02-04_8a44330b-53aa-41e7-9c22-6a83dcca838b.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: 2015-02-02
Reporting Person: CASE THURMAN K (VP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-02 | Common Stock | M | 10000.0 | $5.55 | Acquired | 28203 | Direct |
| 2015-02-02 | Common Stock | S | 10000.0 | $28.0 | Disposed | 18203 | Direct |
| 2015-02-02 | Common Stock | M | 10418.0 | $5.25 | Acquired | 28621 | Direct |
| 2015-02-02 | Common Stock | S | 10418.0 | $28.0 | Disposed | 18203 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-02 | Incentive Stock Option (right to buy) | $5.25 | M | 10418.0 | Disposed | 2018-10-01 | Common Stock (10418) | Direct |
| 2015-02-02 | Non-Qualified Stock Option (right to buy) | $5.55 | M | 10000.0 | Disposed | 2019-10-07 | Common Stock (10000) | 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 10/7/10. 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.