AI assistant
CIRRUS LOGIC, INC. — Director's Dealing 2024
May 22, 2024
30880_dirs_2024-05-22_d601e836-9cc4-43e0-9212-dff38414c7ec.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CIRRUS LOGIC, INC. (CRUS)
CIK: 0000772406
Period of Report: 2024-05-20
Reporting Person: Alberty Carl Jackson (VP, MSP)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-20 | Common Stock | S | 2000 | $113.35 | Disposed | 38507 | Direct |
| 2024-05-22 | Common Stock | M | 533 | $78 | Acquired | 39040 | Direct |
| 2024-05-22 | Common Stock | M | 304 | $68.56 | Acquired | 39344 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-05-22 | Incentive Stock Option (right to buy) | $78 | M | 533 | Disposed | 2031-03-03 | Common Stock (533) | Direct |
| 2024-05-22 | Incentive Stock Option (right to buy) | $68.56 | M | 304 | Disposed | 2029-11-06 | Common Stock (304) | 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 $113.33 to $113.39. 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: Only vested shares can be exercised under this option. 25% of the shares vested 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. Only vested shares can be exercised under this option.
F3: Only vested shares can be exercised under this option. The option fully vested and became exercisable on 11/06/23.