AI assistant
CIRRUS LOGIC, INC. — Director's Dealing 2021
Oct 1, 2021
30880_dirs_2021-10-01_c0f07743-8ad0-498b-b0e2-10ff2945fe21.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CIRRUS LOGIC, INC. (CRUS)
CIK: 0000772406
Period of Report: 2021-09-29
Reporting Person: Hussain Muhammad Raghib (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-09-29 | Non-Qualified Stock Option (right to buy) | $82.14 | A | 7238 | Acquired | 2031-09-29 | Common Stock (7238) | Direct |
| 2021-09-29 | Restricted Stock Units | $ | A | 1925 | Acquired | Common Stock (1925) | Direct |
Footnotes
F1: Only vested shares can be exercised under this option. 25% of the shares will vest and become exercisable on 9/29/22. The remaining shares will vest monthly thereafter over the following 36 months so that the option is fully vested and exercisable on 9/29/25.
F2: Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
F3: Shares granted upon his appointment to the Cirrus Logic, Inc. Board of Directors.
F4: 100% of the restricted stock units will vest on the date of the Company's next Annual Meeting