CIRRUS LOGIC, INC. — Director's Dealing 2024

Feb 9, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CIRRUS LOGIC, INC. (CRUS)
CIK: 0000772406
Period of Report: 2024-02-08

Reporting Person: Dougherty Justin E (SVP, Global Operations)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-02-08	Incentive Stock Option (right to buy)	$93.24	A	1072	Acquired	2034-02-08	Common Stock (1072)	Direct
2024-02-08	Non-Qualified Stock Option (right to buy)	$93.24	A	7314	Acquired	2034-02-08	Common Stock (7314)	Direct
2024-02-08	Performance Shares	$	A	2357	Acquired		Common Stock (2357)	Direct
2024-02-08	Restricted Stock Units	$	A	3576	Acquired		Common Stock (3576)	Direct

Footnotes

F1: Only vested shares can be exercised under this option. 25% of the shares will vest annually so that the option will be fully vested and exercisable on 02/08/28.

F2: Each Performance-based Restricted Stock Unit (PBRSU) represents the right to receive, following vesting, up to 200% of one share of Cirrus Logic, Inc. common stock. The resulting number of shares of common stock acquired upon vesting of the PBRSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three-year performance period beginning on February 8, 2024, and ending on February 8, 2027.

F3: Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.

F4: 100% of the restricted stock units will vest on 2/8/27, the 3-year anniversary of the grant date.