CIRRUS LOGIC, INC. — Director's Dealing 2016

Jun 23, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CIRRUS LOGIC INC (CRUS)
CIK: 0000772406
Period of Report: 2016-06-21

Reporting Person: CASE THURMAN K (VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-06-21	Common Stock	M	7000.0	$5.55	Acquired	31008	Direct
2016-06-21	Common Stock	S	7000.0	$40.0	Disposed	24008	Direct
2016-06-21	Common Stock	M	18619.0	$16.25	Acquired	42627	Direct
2016-06-21	Common Stock	S	18619.0	$40.0	Disposed	24008	Direct
2016-06-21	Common Stock	M	6381.0	$16.25	Acquired	30389	Direct
2016-06-21	Common Stock	S	6381.0	$40.0	Disposed	24008	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-06-21	Incentive Stock Option (right to buy)	$16.25	M	6381.0	Disposed	2020-10-06	Common Stock (6381)	Direct
2016-06-21	Non-Qualified Stock Option (right to buy)	$5.55	M	7000.0	Disposed	2019-10-07	Common Stock (7000)	Direct
2016-06-21	Non-Qualified Stock Option (right to buy)	$16.25	M	18619.0	Disposed	2020-10-06	Common Stock (18619)	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 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 10/6/14. 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 10/7/2010; 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 10/7/13. Only vested shares can be exercised under this option.