CIRRUS LOGIC, INC. — Director's Dealing 2022

Feb 11, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CIRRUS LOGIC, INC. (CRUS)
CIK: 0000772406
Period of Report: 2022-02-09

Reporting Person: Hughes Allan (VP, Cirrus Logic Internat)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-09	Common Stock	M	1737	$31.25	Acquired	6526	Direct
2022-02-09	Common Stock	S	1737	$85.001	Disposed	4789	Direct
2022-02-09	Common Stock	M	9375	$41.49	Acquired	14164	Direct
2022-02-09	Common Stock	S	9375	$85.001	Disposed	4789	Direct
2022-02-09	Common Stock	M	12500	$55.72	Acquired	17289	Direct
2022-02-09	Common Stock	S	12500	$85.001	Disposed	4789	Direct
2022-02-09	Common Stock	M	12500	$54.65	Acquired	17289	Direct
2022-02-09	Common Stock	S	12500	$85.001	Disposed	4789	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-09	Non-Qualified Stock Option (right to buy)	$31.25	M	1737	Disposed	2025-11-04	Common Stock (1737)	Direct
2022-02-09	Non-Qualified Stock Option (right to buy)	$41.49	M	9375	Disposed	2028-11-07	Common Stock (9375)	Direct
2022-02-09	Non-Qualified Stock Option (right to buy)	$54.65	M	12500	Disposed	2026-11-02	Common Stock (12500)	Direct
2022-02-09	Non-Qualified Stock Option (right to buy)	$55.72	M	12500	Disposed	2027-11-01	Common Stock (12500)	Direct

Footnotes

F1: This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on November 23, 2021.

F2: The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.00 to $85.05. The reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to any security holder of Cirrus Logic, Inc. or the staff of the SEC upon request.

F3: Only vested shares can be exercised under this option. 25% of the shares vested on 11/04/16; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 11/04/19.

F4: Only vested shares can be exercised under this option. 25% of the shares vested on 11/07/19; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 11/07/22.

F5: Only vested shares can be exercised under this option. 25% of the shares vested on 11/02/17; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 11/02/20.

F6: Only vested shares can be exercised under this option. 25% of the shares vested on 11/01/18; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 11/01/21.