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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.