CIRRUS LOGIC, INC. — Director's Dealing 2019

Nov 6, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CIRRUS LOGIC, INC. (CRUS)
CIK: 0000772406
Period of Report: 2019-11-04

Reporting Person: Brannan Andrew (VP of Worldwide Sales)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-04	Common Stock	S	3643	$71.2505	Disposed	2145	Direct
2019-11-04	Common Stock	M	2522	$31.25	Acquired	4667	Direct
2019-11-04	Common Stock	M	3000	$31.25	Acquired	7667	Direct
2019-11-04	Common Stock	M	3800	$31.25	Acquired	11467	Direct
2019-11-04	Common Stock	M	5000	$31.25	Acquired	16467	Direct
2019-11-04	Common Stock	M	5468	$55.72	Acquired	21935	Direct
2019-11-04	Common Stock	M	8593	$54.65	Acquired	30528	Direct
2019-11-04	Common Stock	S	28383	$70.1715	Disposed	2145	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-04	Non-Qualified Stock Option (right to buy)	$31.25	M	2522	Disposed	2025-11-04	Common Stock (2522)	Direct
2019-11-04	Non-Qualified Stock Option (right to buy)	$31.25	M	3000	Disposed	2025-11-04	Common Stock (3000)	Direct
2019-11-04	Non-Qualified Stock Option (right to buy)	$31.25	M	3800	Disposed	2025-11-04	Common Stock (3800)	Direct
2019-11-04	Non-Qualified Stock Option (right to buy)	$31.25	M	5000	Disposed	2025-11-04	Common Stock (5000)	Direct
2019-11-04	Non-Qualified Stock Option (right to buy)	$54.65	M	8593	Disposed	2026-11-02	Common Stock (8593)	Direct
2019-11-04	Non-Qualified Stock Option (right to buy)	$55.72	M	5468	Disposed	2027-11-01	Common Stock (5468)	Direct

Footnotes

F1: This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on August 16, 2019.

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 $70.67 to $72.24. 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: Only vested shares can be exercised under this option. 25% of the shares vested on 11/4/16; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 11/4/19.

F4: Only vested shares can be exercised under this option. 25% of the shares will vest on 11/2/17; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 11/2/20.

F5: Only vested shares can be exercised under this option. 25% of the shares will vest on 11/1/18; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 11/1/21.