CIRRUS LOGIC, INC. — Director's Dealing 2022

May 6, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CIRRUS LOGIC, INC. (CRUS)
CIK: 0000772406
Period of Report: 2022-05-04

Reporting Person: Nathamuni Venkatesh (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-05-04	Incentive Stock Option (right to buy)	$82.81	A	4828	Acquired	2032-05-04	Common Stock (4828)	Direct
2022-05-04	Non-Qualified Stock Option (right to buy)	$82.81	A	16004	Acquired	2032-05-04	Common Stock (16004)	Direct
2022-05-04	Performance Shares	$	A	2951	Acquired		Common Stock (2951)	Direct
2022-05-04	Restricted Stock Units	$	A	10265	Acquired		Common Stock (10265)	Direct

Footnotes

F1: Only vested shares can be exercised under this option. 25% of the shares will vest on 5/4/23; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 5/4/26.

F2: Each Performance-based Restricted Stock Unit (?PBRSU?) represents the right to receive, following vesting, up to 200% of one share of Cirrus Logic, Inc. common stock. The resulting number of shares of common stock acquired upon vesting of the PBRSUs is contingent upon the achievement of pre- established performance metrics, as approved by the Company's Compensation Committee, over a three-year performance period beginning on May 4, 2022, and ending on May 4, 2025.

F3: Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.

F4: One-third of the shares will vest annually from the date of grant over a three-year period.