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: CASE THURMAN K (VP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-04	Common Stock	M	4000	$31.25	Acquired	20211	Direct
2019-11-04	Common Stock	M	2000	$31.25	Acquired	22211	Direct
2019-11-04	Common Stock	M	4000	$20.37	Acquired	26211	Direct
2019-11-04	Common Stock	M	239	$23.34	Acquired	26450	Direct
2019-11-04	Common Stock	M	2000	$23.34	Acquired	28450	Direct
2019-11-04	Common Stock	M	2500	$15.41	Acquired	30950	Direct
2019-11-04	Common Stock	M	2500	$15.41	Acquired	33450	Direct
2019-11-04	Common Stock	S	17239	$70.7323	Disposed	16211	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-04	Incentive Stock Option (right to buy)	$23.34	M	2000	Disposed	2023-10-02	Common Stock (2000)	Direct
2019-11-04	Incentive Stock Option (right to buy)	$31.25	M	2000	Disposed	2025-11-04	Common Stock (2000)	Direct
2019-11-04	Non-Qualified Stock Option (right to buy)	$15.41	M	2500	Disposed	2021-10-05	Common Stock (2500)	Direct
2019-11-04	Non-Qualified Stock Option (right to buy)	$15.41	M	2500	Disposed	2021-10-05	Common Stock (2500)	Direct
2019-11-04	Non-Qualified Stock Option (right to buy)	$20.37	M	4000	Disposed	2024-10-01	Common Stock (4000)	Direct
2019-11-04	Non-Qualified Stock Option (right to buy)	$23.34	M	239	Disposed	2023-10-02	Common Stock (239)	Direct
2019-11-04	Non-Qualified Stock Option (right to buy)	$31.25	M	4000	Disposed	2025-11-04	Common Stock (4000)	Direct

Footnotes

F1: This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on August 19, 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 $69.31 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 will vest on 10/2/14; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 10/2/17.

F4: 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.

F5: Only vested shares can be exercised under this option. 25% of the shares will vest on 10/5/2012; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 10/5/2015.

F6: Only vested shares can be exercised under this option. 25% of the shares will vest on 10/1/15; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 10/1/18.