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CIRRUS LOGIC, INC. — Director's Dealing 2020
May 7, 2020
30880_dirs_2020-05-07_708b62b7-d4f5-408d-b04b-41ae5d5ef524.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: 2020-05-05
Reporting Person: Forsyth John (President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-05-05 | Common Stock | M | 1500 | $38.15 | Acquired | 1500 | Direct |
| 2020-05-05 | Common Stock | S | 1500 | $75.0 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-05-05 | Non-Qualified Stock Option (right to buy) | $38.15 | M | 1500 | Disposed | 2028-06-06 | Common Stock (1500) | Direct |
Footnotes
F1: These transactions were effected pursuant to a Rule 10b5-1 Plan adopted by the reporting person on November 27, 2019.
F2: The option vests on a 4-year schedule: 25% of the shares became exercisable on 6/6/2019; the remaining 75% of the shares vests at a rate of 1/36th per month over the next 36 months so that the option will be fully vested and exercisable on 6/6/2022.
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