Justin E. Dougherty - 07 Nov 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
Issuer symbol
CRUS
Transactions as of
07 Nov 2021
Net transactions value
-$144,059
Form type
4
Filing time
09 Nov 2021, 20:14:37 UTC
Previous filing
21 May 2021
Next filing
03 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRUS Common Stock Options Exercise $0 +7,500 +186% $0.000000 11,539 07 Nov 2021 Direct
transaction CRUS Common Stock Tax liability $144,059 -1,827 -16% $78.85 9,712 07 Nov 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 -7,500 -27% $0.000000 20,377 07 Nov 2021 Common Stock 7,500 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.