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CIRRUS LOGIC, INC. Director's Dealing 2016

May 4, 2016

30880_dirs_2016-05-04_490d845d-0493-4785-beda-c935fde3cec7.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: 2016-05-03

Reporting Person: CASE THURMAN K (VP and CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-05-03 Common Stock M 7000.0 $5.25 Acquired 31008 Direct
2016-05-03 Common Stock S 7000.0 $36.111 Disposed 24008 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-05-03 Non-Qualified Stock Option (right to buy) $5.25 M 7000.0 Disposed 2018-10-01 Common Stock (7000) 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 price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.91 to $36.30. 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 option vested on a 4-year schedule: 25% of the shares became exercisable on 10/1/2009; the remaining 75% of the shares vested at a rate of 1/36th per month over the following 36 months so that the option fully vested and exercisable on 10/1/2012. Only vested shares can be exercised under this option.