Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

CIRRUS LOGIC, INC. Director's Dealing 2019

Nov 8, 2019

30880_dirs_2019-11-08_a03c903c-07f2-4719-9db3-01889cdf34ef.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CIRRUS LOGIC, INC. (CRUS)
CIK: 0000772406
Period of Report: 2019-11-06

Reporting Person: ANDERSON SCOTT ARNOLD (Senior VP of Supply Chain)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-11-06 Common Stock M 16000 $38.99 Acquired 25465 Direct
2019-11-06 Common Stock S 16000 $68.808 Disposed 9465 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-11-06 Non-Qualified Stock Option (right to buy) $38.99 M 16000 Disposed 2022-10-03 Common Stock (16000) Direct
2019-11-06 Restricted Stock Units $ A 5000 Acquired Common Stock (5000) Direct

Footnotes

F1: The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.42 to $69.28. 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.

F2: Only vested shares can be exercised under this option. 25% of the shares vested on 10/3/13; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 10/3/16.

F3: Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.

F4: 100% of the restricted stock units will vest on 11/6/20, the 1-year anniversary of the grant date.