CIRRUS LOGIC, INC. — Director's Dealing 2016

Nov 2, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CIRRUS LOGIC INC (CRUS)
CIK: 0000772406
Period of Report: 2016-10-31

Reporting Person: CASE THURMAN K (VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-10-31	Common Stock	M	212.0	$23.34	Acquired	21783	Direct
2016-10-31	Common Stock	S	212.0	$55.2146	Disposed	21571	Direct
2016-10-31	Common Stock	M	5000.0	$38.99	Acquired	26571	Direct
2016-10-31	Common Stock	S	5000.0	$54.3419	Disposed	21571	Direct
2016-10-31	Common Stock	M	10000.0	$15.41	Acquired	31571	Direct
2016-10-31	Common Stock	S	10000.0	$54.3173	Disposed	21571	Direct
2016-10-31	Common Stock	M	7000.0	$5.25	Acquired	28571	Direct
2016-10-31	Common Stock	S	7000.0	$54.3336	Disposed	21571	Direct
2016-10-31	Common Stock	S	5000.0	$54.3468	Disposed	16571	Direct
2016-10-31	Common Stock	S	181.0	$55.0898	Disposed	16390	Direct
2016-11-01	Common Stock	M	5043.0	$20.37	Acquired	21433	Direct
2016-11-01	Common Stock	S	5043.0	$55.0	Disposed	16390	Direct
2016-11-01	Common Stock	M	6157.0	$23.34	Acquired	22547	Direct
2016-11-01	Common Stock	S	6157.0	$55.0	Disposed	16390	Direct
2016-11-01	Common Stock	S	3900.0	$55.0	Disposed	12490	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-10-31	Non-Qualified Stock Option (right to buy)	$5.25	M	7000.0	Disposed	2018-10-01	Common Stock (7000)	Direct
2016-10-31	Non-Qualified Stock Option (right to buy)	$15.41	M	10000.0	Disposed	2021-10-05	Common Stock (10000)	Direct
2016-11-01	Non-Qualified Stock Option (right to buy)	$20.37	M	5043.0	Disposed	2024-10-01	Common Stock (5043)	Direct
2016-10-31	Non-Qualified Stock Option (right to buy)	$23.34	M	212.0	Disposed	2023-10-02	Common Stock (212)	Direct
2016-11-01	Non-Qualified Stock Option (right to buy)	$23.34	M	6157.0	Disposed	2023-10-02	Common Stock (6157)	Direct
2016-10-31	Non-Qualified Stock Option (right to buy)	$38.99	M	5000.0	Disposed	2022-10-03	Common Stock (5000)	Direct

Footnotes

F1: This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on August 30, 2016.

F2: The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.00 to $55.65. The reporting person will provide full information regarding the number of shares bought as each separate price within the ranges set forth in this footnote to any security holder of Cirrus Logic, Inc. or the staff of the SEC upon request.

F3: The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.87 to $55.65. The reporting person will provide full information regarding the number of shares bought as each separate price within the ranges set forth in this footnote to any security holder of Cirrus Logic, Inc. or the staff of the SEC upon request.

F4: The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.87 to $54.97. The reporting person will provide full information regarding the number of shares bought as each separate price within the ranges set forth in this footnote to any security holder of Cirrus Logic, Inc. or the staff of the SEC upon request.

F5: The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.86 to $55.65. The reporting person will provide full information regarding the number of shares bought as each separate price within the ranges set forth in this footnote to any security holder of Cirrus Logic, Inc. or the staff of the SEC upon request.

F6: The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.87 to $55.65. The reporting person will provide full information regarding the number of shares bought as each separate price within the ranges set forth in this footnote to any security holder of Cirrus Logic, Inc. or the staff of the SEC upon request.

F7: The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.00 to $55.65. The reporting person will provide full information regarding the number of shares bought as each separate price within the ranges set forth in this footnote to any security holder of Cirrus Logic, Inc. or the staff of the SEC upon request.

F8: The option vested on a 4-year schedule: 25% of the shares became exercisable on 10/01/2009; 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 10/01/2012. Only vested shares can be exercised under this option.

F9: The option vested on a 4-year schedule: 25% of the shares became exercisable on 10/05/2012; 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 10/05/2015. Only vested shares can be exercised under this option.

F10: The option vests on a 4-year schedule: 25% of the shares became exercisable on 10/01/2015; the remaining 75% of the shares will 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 10/01/2018. Only vested shares can be exercised under this option.

F11: The option vests on a 4-year schedule: 25% of the shares became exercisable on 10/02/2014; the remaining 75% of the shares will 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 10/02/2017. Only vested shares can be exercised under this option.

F12: The option vested on a 4-year schedule: 25% of the shares became exercisable on 10/03/2013; 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 10/03/2016. Only vested shares can be exercised under this option.