CIRRUS LOGIC, INC. — Director's Dealing 2016

Jul 29, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CIRRUS LOGIC INC (CRUS)
CIK: 0000772406
Period of Report: 2016-07-28

Reporting Person: CASE THURMAN K (VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-07-28	Common Stock	M	6726.0	$23.34	Acquired	30734	Direct
2016-07-28	Common Stock	S	6726.0	$50.0	Disposed	24008	Direct
2016-07-28	Common Stock	M	10000.0	$15.41	Acquired	34008	Direct
2016-07-28	Common Stock	S	10000.0	$46.25	Disposed	24008	Direct
2016-07-28	Common Stock	S	8242.0	$46.25	Disposed	15766	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-07-28	Incentive Stock Option (right to buy)	$23.34	M	6726.0	Disposed	2023-10-02	Common Stock (6726)	Direct
2016-07-28	Non-Qualified Stock Option (right to buy)	$15.41	M	10000.0	Disposed	2021-10-05	Common Stock (10000)	Direct

Footnotes

F1: These transactions were made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on February 29, 2016.

F2: 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.

F3: The option vested on a 4-year schedule: 25% of the shares became exercisable on 10/5/2012; 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 10/5/2015. Only vested shares can be exercised under this option.