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CIRRUS LOGIC, INC. — Director's Dealing 2021
Jan 6, 2021
30880_dirs_2021-01-06_f3d5ead6-81e7-4a35-a714-a73a6d4feecb.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: 2021-01-04
Reporting Person: Tupman David J. (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-01-04 | Common Stock | M | 10000 | $33.38 | Acquired | 26962 | Direct |
| 2021-01-04 | Common Stock | S | 10000 | $85.0 | Disposed | 16962 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-01-04 | Non-Qualified Stock Option (right to buy) | $33.38 | M | 10000 | Disposed | 2025-07-29 | Common Stock (10000) | Direct |
Footnotes
F1: This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on May 22, 2020.
F2: Only vested shares can be exercised under this option. 25% of the shares vested on 07/29/16; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 07/29/19.
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