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CIRRUS LOGIC, INC. Director's Dealing 2019

Aug 21, 2019

30880_dirs_2019-08-21_a95724a7-fb42-4ad6-ace4-d614734b630c.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: 2019-08-19

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-08-19 Common Stock S 6966 $54.6341 Disposed 5910 Direct
2019-08-20 Common Stock M 12852 $23.34 Acquired 18762 Direct
2019-08-20 Common Stock S 12852 $54.8607 Disposed 5910 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-08-20 Incentive Stock Option (right to buy) $23.34 M 12852 Disposed 2023-10-02 Common Stock (12852) 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 $54.62 to $54.69. 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: The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.78 to $54.96. 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 and became exercisable on 10/02/2014. The remaining shares vested monthly thereafter over the following 36 months so that the option was fully vested and exercisable on 10/02/2017.