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CIRRUS LOGIC, INC. — Director's Dealing 2024
Aug 13, 2024
30880_dirs_2024-08-13_7c2e885c-96da-4803-b285-97dbec361474.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: 2024-08-09
Reporting Person: Dougherty Justin E (SVP, Global Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-08-09 | Common Stock | S | 1000 | $131.6929 | Disposed | 4838 | Direct |
| 2024-08-09 | Common Stock | M | 6492 | $78 | Acquired | 11330 | Direct |
| 2024-08-09 | Common Stock | S | 6492 | $131.7065 | Disposed | 4838 | Direct |
| 2024-08-09 | Common Stock | M | 663 | $68.56 | Acquired | 5501 | Direct |
| 2024-08-09 | Common Stock | S | 663 | $131.7065 | Disposed | 4838 | Direct |
| 2024-08-09 | Common Stock | M | 1194 | $68.56 | Acquired | 6032 | Direct |
| 2024-08-09 | Common Stock | S | 1194 | $131.7065 | Disposed | 4838 | Direct |
| 2024-08-09 | Common Stock | M | 854 | $78 | Acquired | 5692 | Direct |
| 2024-08-09 | Common Stock | S | 854 | $131.7065 | Disposed | 4838 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-08-09 | Non-Qualified Stock Option (right to buy) | $78 | M | 6492 | Disposed | 2031-03-03 | Common Stock (6492) | Direct |
| 2024-08-09 | Non-Qualified Stock Option (right to buy) | $68.56 | M | 663 | Disposed | 2029-11-06 | Common Stock (663) | Direct |
| 2024-08-09 | Incentive Stock Option (right to buy) | $68.56 | M | 1194 | Disposed | 2029-11-06 | Common Stock (1194) | Direct |
| 2024-08-09 | Incentive Stock Option (right to buy) | $78 | M | 854 | Disposed | 2031-03-03 | Common Stock (854) | Direct |
Footnotes
F1: The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $131.0150 to $132.4650. 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.
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 $130.8700 to $132.6650. 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 and became exercisable on 03/03/22; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 03/03/25.
F4: Only vested shares can be exercised under this option. 25% of the shares vested and became exercisable on 11/06/20; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 11/06/23.