CIRRUS LOGIC, INC. — Director's Dealing 2020

Feb 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CIRRUS LOGIC, INC. (CRUS)
CIK: 0000772406
Period of Report: 2020-02-03

Reporting Person: Benson JoDee (VP & Chief Culture Office)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-03	Common Stock	S	29197	$76.4227	Disposed	8689	Direct
2020-02-03	Common Stock	M	18504	$31.25	Acquired	27193	Direct
2020-02-03	Common Stock	S	18504	$76.2671	Disposed	8689	Direct
2020-02-03	Common Stock	M	3276	$31.25	Acquired	11965	Direct
2020-02-03	Common Stock	S	3276	$76.2671	Disposed	8689	Direct
2020-02-03	Common Stock	M	7534	$20.37	Acquired	16223	Direct
2020-02-03	Common Stock	S	7534	$76.611	Disposed	8689	Direct
2020-02-03	Common Stock	M	5404	$20.37	Acquired	14093	Direct
2020-02-03	Common Stock	S	5404	$76.5447	Disposed	8689	Direct
2020-02-03	Common Stock	M	5025	$23.34	Acquired	13714	Direct
2020-02-03	Common Stock	S	5025	$76.5447	Disposed	8689	Direct
2020-02-03	Common Stock	M	12975	$23.34	Acquired	21664	Direct
2020-02-03	Common Stock	S	12975	$76.0706	Disposed	8689	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-03	Incentive Stock Option (right to buy)	$20.37	M	5404	Disposed	2024-10-01	Common Stock (5404)	Direct
2020-02-03	Incentive Stock Option (right to buy)	$23.34	M	12975	Disposed	2023-10-02	Common Stock (12975)	Direct
2020-02-03	Incentive Stock Option (right to buy)	$31.25	M	3276	Disposed	2025-11-04	Common Stock (3276)	Direct
2020-02-03	Non-Qualified Stock Option (right to buy)	$20.37	M	7534	Disposed	2024-10-01	Common Stock (7534)	Direct
2020-02-03	Non-Qualified Stock Option (right to buy)	$23.34	M	5025	Disposed	2023-10-02	Common Stock (5025)	Direct
2020-02-03	Non-Qualified Stock Option (right to buy)	$31.25	M	18504	Disposed	2025-11-04	Common Stock (18504)	Direct

Footnotes

F1: This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on November 27, 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 $75.00 to $77.77. 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: The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.00 to $77.08. 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.

F4: 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.

F5: The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.22 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.

F6: The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.94 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.

F7: 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.

F8: 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.

F9: 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.