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CIRRUS LOGIC, INC. Director's Dealing 2020

Feb 14, 2020

30880_dirs_2020-02-14_2b230727-7454-43b5-8e71-a553fe47ec4e.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: 2020-02-12

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-02-12 Common Stock M 4909 $20.37 Acquired 8464 Direct
2020-02-12 Common Stock S 4909 $81.0504 Disposed 3555 Direct
2020-02-12 Common Stock M 1288 $23.34 Acquired 4843 Direct
2020-02-12 Common Stock S 1288 $81.0504 Disposed 3555 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-02-12 Incentive Stock Option (right to buy) $20.37 M 4909 Disposed 2024-10-01 Common Stock (4909) Direct
2020-02-12 Non-Qualified Stock Option (right to buy) $23.34 M 1288 Disposed 2023-10-02 Common Stock (1288) 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 $80.81 to $81.23. 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: Only vested shares can be exercised under this option. 25% of the shares vested on 10/1/15; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 10/1/18.

F3: Only vested shares can be exercised under this option. 25% of the shares vested on 10/2/14; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 10/2/17.