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CIRRUS LOGIC, INC. — Director's Dealing 2019
Dec 13, 2019
30880_dirs_2019-12-13_118c33ff-51ea-49d1-aeed-c23e944e5d20.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: 2019-12-11
Reporting Person: THOMAS SCOTT (SVP General Counsel & Corp)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-12-11 | Common Stock | M | 7265 | $23.34 | Acquired | 17147 | Direct |
| 2019-12-11 | Common Stock | S | 7265 | $75.0 | Disposed | 9882 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-12-11 | Non-Qualified Stock Option (right to buy) | $23.34 | M | 7265 | Disposed | 2023-10-02 | Common Stock (7265) | Direct |
Footnotes
F1: This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on August 15, 2019.
F2: The option vested on a 4-year schedule: 25% of the shares became exercisable on 10/2/2014; 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 10/02/2017.
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