Justin E. Dougherty - Nov 7, 2021 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role
VP, Engineering Operation
Signature
By: Gregory Scott Thomas attorney-in-fact For: Justin Dougherty
Stock symbol
CRUS
Transactions as of
Nov 7, 2021
Transactions value $
-$144,059
Form type
4
Date filed
11/9/2021, 08:14 PM
Previous filing
May 21, 2021
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRUS Common Stock Options Exercise $0 +7.5K +185.69% $0.00 11.5K Nov 7, 2021 Direct
transaction CRUS Common Stock Tax liability -$144K -1.83K -15.83% $78.85 9.71K Nov 7, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRUS Restricted Stock Units Options Exercise $0 -7.5K -26.9% $0.00 20.4K Nov 7, 2021 Common Stock 7.5K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 No shares were sold; these shares were withheld to satisfy tax withholding requirements.
F2 Each restricted stock unit was the economic equivalent of one share of common stock. The restricted stock unit vested on November 7, 2021, and the Company withheld sufficient shares for payment of required tax withholdings.
F3 Expiration Date of 11/07/21.