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CIRRUS LOGIC, INC. — Director's Dealing 2024
Jul 30, 2024
30880_dirs_2024-07-30_d1458c59-4b2d-486d-87ab-b523f18e52fc.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: 2024-07-26
Reporting Person: MOSLEY WILLIAM D (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-07-26 | Restricted Stock Units | $ | A | 1624 | Acquired | Common Stock (1624) | Direct | |
| 2024-07-26 | Non-Qualified Stock Option (right to buy) | $129.24 | A | 4163 | Acquired | 2034-07-26 | Common Stock (4163) | 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 his first election to Cirrus Logic, Inc.'s 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 07/26/25, 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 became exercisable on 07/26/25; the remaining shares will vest monthly thereafter over the following 36 months so that the option is fully vested and exercisable on 07/26/28.