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: DAVERN ALEXANDER M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-04	Common Stock	M	15231	$32.29	Acquired	34979	Direct
2019-11-04	Common Stock	S	15231	$70.846	Disposed	19748	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-04	Non-Qualified Stock Option (right to buy)	$32.29	M	15231	Disposed	2025-03-25	Common Stock (15231)	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 $70.80 to $71.04. The reporting person will provide full information regarding the number of shares bought as 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: The option vested on a 4-year schedule: 25% of the shares became exercisable on 03/25/2016. 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 03/25/2019.