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CIRRUS LOGIC, INC. — Director's Dealing 2023
Feb 3, 2023
30880_dirs_2023-02-03_29b055ee-b671-423f-940f-b4204188fd3a.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: 2023-02-01
Reporting Person: Brannan Andrew (VP, Worldwide Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-01 | Common Stock | M | 3280 | $68.56 | Acquired | 12485 | Direct |
| 2023-02-01 | Common Stock | S | 3280 | $92 | Disposed | 9205 | Direct |
| 2023-02-01 | Common Stock | S | 1000 | $92 | Disposed | 8205 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-01 | Non-Qualified Stock Option (right to buy) | $68.56 | M | 3280 | Disposed | 2029-11-06 | Common Stock (3280.0) | Direct |
Footnotes
F1: This transaction was made pursuant to a Rule 10b5-1 adopted by the reporting person on February 16, 2022.
F2: Only vested shares can be exercised under this option. 25% of the shares vested on 11/6/20; the remaining shares will vest monthly over the following 36months so that the option will be fully vested and exercisable on 11/6/23.
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