AI assistant
CIRRUS LOGIC, INC. — Director's Dealing 2025
Mar 7, 2025
30880_dirs_2025-03-07_9c56f565-8a63-4733-8d51-c85ebd11364d.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: 2025-03-05
Reporting Person: CIRRUS LOGIC, INC. (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-03-05 | Performance Shares | $ | A | 9274 | Acquired | Common Stock (9274) | Direct | |
| 2025-03-05 | Restricted Stock Units | $ | A | 14233 | Acquired | Common Stock (14233) | Direct | |
| 2025-03-05 | Restricted Stock Units | $ | A | 23722 | Acquired | Common Stock (23722) | Direct |
Footnotes
F1: 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 March 5, 2025, and ending on March 5, 2028.
F2: Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
F3: 50% of the restricted stock units will vest on March 5, 2026, and the remaining shares will vest on March 5, 2027.
F4: 20% of the restricted stock units will vest on March 5, 2026, 40% will vest on March 5, 2027, and the remaining shares will vest on March 5, 2028.