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CIRRUS LOGIC, INC. — Director's Dealing 2021
Dec 10, 2021
30880_dirs_2021-12-10_b5438670-dcb2-46df-929d-141f3d13a7d6.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: 2021-12-09
Reporting Person: CASE THURMAN K (VP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-09 | Common Stock | M | 2000 | $31.25 | Acquired | 14219 | Direct |
| 2021-12-09 | Common Stock | S | 2000 | $90.0 | Disposed | 12219 | Direct |
| 2021-12-09 | Common Stock | M | 2000 | $23.34 | Acquired | 14219 | Direct |
| 2021-12-09 | Common Stock | S | 2000 | $90.0 | Disposed | 12219 | Direct |
| 2021-12-09 | Common Stock | S | 200 | $90.0 | Disposed | 12019 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-12-09 | Incentive Stock Option (right to buy) | $23.34 | M | 2000 | Disposed | 2023-10-02 | Common Stock (2000) | Direct |
| 2021-12-09 | Non-Qualified Stock Option (right to buy) | $31.25 | M | 2000 | Disposed | 2025-11-04 | Common Stock (2000) | Direct |
Footnotes
F1: This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on August 11, 2021.
F2: Only vested shares can be exercised under this option. 25% of the shares vested on 10/02/14; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 10/02/17.
F3: Only vested shares can be exercised under this option. 25% of the shares vested on 11/04/16; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 11/04/19.