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CIRRUS LOGIC, INC. Director's Dealing 2020

Feb 5, 2020

30880_dirs_2020-02-05_701e67c5-2aff-457f-a1e4-077344b79ca8.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: 2020-02-03

Reporting Person: SCHUELE ALAN R (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-02-03 Common Stock M 9447 $15.31 Acquired 29640 Direct
2020-02-03 Common Stock S 9447 $76.6503 Disposed 20193 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-02-03 Non-Qualified Stock Option (right to buy) $15.31 M 4447 Disposed 2021-07-28 Common Stock (4447) Direct
2020-02-03 Non-Qualified Stock Option (right to buy) $15.31 M 5000 Disposed 2021-07-28 Common Stock (5000) Direct

Footnotes

F1: This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on November 12, 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 $75.33 to $77.63. 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 07/28/2012. The remaining shares vested monthly thereafter over the following 36 months so that the option was fully vested and exercisable on 07/28/2015.