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CIRRUS LOGIC, INC. Director's Dealing 2020

Feb 6, 2020

30880_dirs_2020-02-06_419040f0-78b9-4a62-89b7-5eddcbc5405b.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: 2020-02-04

Reporting Person: FLUKE BRADLEY J (VP & GM, MEMS Division)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-02-04 Common Stock M 2000 $31.25 Acquired 5120 Direct
2020-02-04 Common Stock S 2000 $78.7967 Disposed 3120 Direct
2020-02-04 Common Stock M 3000 $41.49 Acquired 6120 Direct
2020-02-04 Common Stock S 3000 $78.7967 Disposed 3120 Direct
2020-02-04 Common Stock M 3000 $55.72 Acquired 6120 Direct
2020-02-04 Common Stock S 3000 $78.7967 Disposed 3120 Direct
2020-02-04 Common Stock M 3000 $54.65 Acquired 6120 Direct
2020-02-04 Common Stock S 3000 $78.7967 Disposed 3120 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-02-04 Non-Qualified Stock Option (right to buy) $31.25 M 2000 Disposed 2025-11-04 Common Stock (2000) Direct
2020-02-04 Non-Qualified Stock Option (right to buy) $41.49 M 3000 Disposed 2028-11-07 Common Stock (3000) Direct
2020-02-04 Non-Qualified Stock Option (right to buy) $54.65 M 3000 Disposed 2026-11-02 Common Stock (3000) Direct
2020-02-04 Non-Qualified Stock Option (right to buy) $55.72 M 3000 Disposed 2027-11-01 Common Stock (3000) 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 $78.30 - $79.40. 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: 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.

F3: Only vested shares can be exercised under this option. 25% of the shares vested on 11/7/19; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 11/7/22.

F4: Only vested shares can be exercised under this option. 25% of the shares vested on 11/2/17; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 11/2/20.

F5: Only vested shares can be exercised under this option. 25% of the shares vested on 11/1/18; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 11/1/21.