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CIRRUS LOGIC, INC. — Director's Dealing 2021
May 6, 2021
30880_dirs_2021-05-06_07198167-55fd-4e70-860a-c99d8f8d2169.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: 2021-05-04
Reporting Person: Brannan Andrew (VP of Worldwide Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-04 | Common Stock | M | 1303 | $31.25 | Acquired | 5593 | Direct |
| 2021-05-04 | Common Stock | S | 1303 | $75.0 | Disposed | 4290 | Direct |
| 2021-05-04 | Common Stock | M | 6250 | $41.49 | Acquired | 10540 | Direct |
| 2021-05-04 | Common Stock | S | 6250 | $75.0 | Disposed | 4290 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-04 | Non-Qualified Stock Option (right to buy) | $31.25 | M | 1303 | Disposed | 2025-11-04 | Common Stock (1303) | Direct |
| 2021-05-04 | Non-Qualified Stock Option (right to buy) | $41.49 | M | 6250 | Disposed | 2028-11-07 | Common Stock (6250) | 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 11/4/16; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 11/4/19.
F3: Only vested shares can be exercised under this option. 25% of the shares vested on 11/7/19; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 11/7/22.