Alan R. Schuele - 29 Jun 2021 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role
Director
Signature
By: Gregory Scott Thomas attorney-in-fact For: Alan R. Schuele
Issuer symbol
CRUS
Transactions as of
29 Jun 2021
Net transactions value
-$348,450
Form type
4
Filing time
01 Jul 2021, 16:29:05 UTC
Next filing
30 Jul 2021
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 $76,550 +5,000 +22% $15.31* 27,965 29 Jun 2021 Direct F1
transaction CRUS Common Stock Sale $425,000 -5,000 -18% $85.00 22,965 29 Jun 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 Non-Qualified Stock Option (right to buy) Options Exercise $0 -5,000 -50% $0.000000 5,000 29 Jun 2021 Common Stock 5,000 $15.31 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 05, 2021.
F2 Only vested shares can be exercised under this option. 25% of the shares vested on 07/28/12; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 07/28/15