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CIRRUS LOGIC, INC. — Director's Dealing 2016
Nov 9, 2016
30880_dirs_2016-11-09_08e84436-be5a-4387-9eb5-85c830ec5855.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: 2016-11-08
Reporting Person: THOMAS SCOTT (VP General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-11-08 | Common Stock | M | 25847.0 | $16.25 | Acquired | 51110 | Direct |
| 2016-11-08 | Common Stock | S | 25847.0 | $56.25 | Disposed | 25263 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-11-08 | Non-Qualified Stock Option (right to buy) | $16.25 | M | 25847.0 | Disposed | 2020-10-06 | Common Stock (25847) | Direct |
Footnotes
F1: This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on August 9, 2016.
F2: The option vested on a 4-year schedule: 25% of the shares became exercisable on 10/06/2011; the remaining 75% of the shares vested at a rate of 1/36th per month over the following 36 months so that the option was fully vested and exercisable on 10/06/2014.
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