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CIRRUS LOGIC, INC. — Director's Dealing 2023
Aug 1, 2023
30880_dirs_2023-08-01_1b3f47a0-5970-4cdf-b31f-5b56883cbca3.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: 2023-07-28
Reporting Person: LE DUY LOAN T (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-07-28 | Restricted Stock Units | $ | A | 2575 | Acquired | Common Stock (2575) | Direct | |
| 2023-07-28 | Non-Qualified Stock Option (right to buy) | $81.54 | A | 6134 | Acquired | 2033-07-28 | Common Stock (6134) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
F2: Restricted Stock Units granted upon her first election to the Cirrus Logic, Inc. Board of Directors.
F3: 100% of the restricted stock units will vest on the earlier of: (a) the date of the Company's next Annual Meeting or (b) on 07/28/24, the 1-year anniversary of the grant date.
F4: Only vested shares can be exercised under this option. 25% of the shares will vest and become exercisable on 07/28/24; the remaining shares will vest monthly thereafter over the following 36 months so that the option is fully vested and exercisable on 07/28/27.