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CIRRUS LOGIC, INC. — Director's Dealing 2017
Jan 26, 2017
30880_dirs_2017-01-26_8c7a70f1-5a85-4cd3-8a23-a62344f5cb66.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: 2017-01-24
Reporting Person: THOMAS SCOTT (VP General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-01-24 | Common Stock | M | 27524 | $15.41 | Acquired | 52787 | Direct |
| 2017-01-24 | Common Stock | S | 27524 | $60.0 | Disposed | 25263 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-01-24 | Non-Qualified Stock Option (right to buy) | $15.41 | M | 27524 | Disposed | 2021-10-05 | Common Stock (27524) | Direct |
Footnotes
F1: This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on August 9, 2016.
F2: 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.
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