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CIRRUS LOGIC, INC. — Director's Dealing 2021
Jun 16, 2021
30880_dirs_2021-06-16_8520a28a-d6e4-4869-ab7f-3e1167d6d57f.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: 2021-06-14
Reporting Person: Brannan Andrew (VP of Worldwide Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-06-14 | Common Stock | M | 4167 | $55.72 | Acquired | 8457 | Direct |
| 2021-06-14 | Common Stock | S | 4167 | $80.0 | Disposed | 4290 | Direct |
| 2021-06-14 | Common Stock | M | 3907 | $54.65 | Acquired | 8197 | Direct |
| 2021-06-14 | Common Stock | S | 3907 | $80.0 | Disposed | 4290 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-06-14 | Non-Qualified Stock Option (right to buy) | $54.65 | M | 3907 | Disposed | 2026-11-02 | Common Stock (3907) | Direct |
| 2021-06-14 | Non-Qualified Stock Option (right to buy) | $55.72 | M | 4167 | Disposed | 2027-11-01 | Common Stock (4167) | Direct |
Footnotes
F1: This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on February 5, 2021.
F2: Only vested shares can be exercised under this option. 25% of the shares vested on 11/2/17; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 11/2/20.
F3: 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.