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CIRRUS LOGIC, INC. Director's Dealing 2017

Nov 17, 2017

30880_dirs_2017-11-17_d4ff58ec-cd6f-4c29-93ae-7271c3e0ab18.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: 2017-11-15

Reporting Person: KING CHRISTINE (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-11-15 Common Stock M 5000 $24.14 Acquired 16182 Direct
2017-11-15 Common Stock S 5000 $54.1418 Disposed 11182 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-11-15 Non-Qualified Stock Option (right to buy) $24.14 M 5000 Disposed 2023-10-17 Common Stock (5000) Direct

Footnotes

F1: This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on May 5, 2017.

F2: The price reported in Table 1 - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.00 to $55.01. The reporting person will provide full information regarding the number of shares sold at 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 10/17/2014; 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 10/17/2017.