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CIRRUS LOGIC, INC. — Director's Dealing 2023
May 8, 2023
30880_dirs_2023-05-08_f5ae7f9d-f7b7-4abb-a631-b1a5b4089b02.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: 2023-05-04
Reporting Person: Nathamuni Venkatesh (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-05-04 | Common Stock | M | 3421 | — | Acquired | 3421 | Direct |
| 2023-05-04 | Common Stock | F | 834 | $83 | Disposed | 2587 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-05-04 | Restricted Stock Units | $ | M | 3421 | Disposed | Common Stock (3421.0) | Direct |
Footnotes
F1: No shares were sold; these shares were withheld to satisfy tax withholding requirements.
F2: Each restricted stock unit was the economic equivalent of one share of common stock. The restricted stock unit vested on May 4, 2023, and the Company withheld sufficient shares for payment of required tax withholdings.
F3: The reporting person was granted 10,265 restricted stock units on 5/4/2022, subject to vesting one-third annually on the anniversary of the grant. The one-third reported here vested on 5/4/2023, the next one-third is scheduled to vest on 5/4/2024, and the final one-third is scheduled to vest on 5/4/2025.