CIRRUS LOGIC, INC. — Director's Dealing 2016

Nov 14, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CIRRUS LOGIC INC (CRUS)
CIK: 0000772406
Period of Report: 2016-11-10

Reporting Person: Rhode Jason P (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-10	Common Stock	M	8211.0	$23.34	Acquired	155306	Direct
2016-11-10	Common Stock	M	6153.0	$16.25	Acquired	161459	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-10	Incentive Stock Option (right to buy)	$16.25	M	6153.0	Disposed	2020-10-06	Common Stock (6153)	Direct
2016-11-10	Incentive Stock Option (right to buy)	$23.34	M	8211.0	Disposed	2023-10-02	Common Stock (8211)	Direct

Footnotes

F1: Dr. Rhode continues to beneficially own 690,326 shares, which includes 528,867 shares issuable upon exercise of vested stock options held by Dr. Rhode and 161,459 shares held directly.

F2: The option vested on a 4-year schedule: 25% of the shares became exercisable on 10/6/2011; 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 10/6/2014. Only vested shares can be exercised under this option.

F3: The option vests on a 4-year schedule: 25% of the shares became exercisable on 10/2/2014; the remaining 75% of the shares vest at a rate of 1/36th per month over the following 36 months so that the option will be fully vested and exercisable on 10/2/2017. Only vested shares can be exercised under this option.