JoDee Benson - Jun 29, 2021 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role
VP & Chief Culture Officer
Signature
By: Gregory Scott Thomas attorney-in-fact For: Jo-Dee M. Benson
Stock symbol
CRUS
Transactions as of
Jun 29, 2021
Transactions value $
-$1,546,521
Form type
4
Date filed
7/1/2021, 04:29 PM
Previous filing
Jun 29, 2021
Next filing
Sep 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRUS Common Stock Options Exercise $534K +9.77K +202.8% $54.65 14.6K Jun 29, 2021 Direct F1
transaction CRUS Common Stock Sale -$840K -9.77K -66.98% $86.00 4.82K Jun 29, 2021 Direct F1
transaction CRUS Common Stock Options Exercise $303K +7.31K +151.74% $41.49 12.1K Jun 29, 2021 Direct F1
transaction CRUS Common Stock Sale -$614K -7.31K -60.28% $84.00 4.82K Jun 29, 2021 Direct F1
transaction CRUS Common Stock Options Exercise $176K +3.23K +67.02% $54.65 8.05K Jun 29, 2021 Direct F1
transaction CRUS Common Stock Sale -$278K -3.23K -40.13% $86.00 4.82K Jun 29, 2021 Direct F1
transaction CRUS Common Stock Options Exercise $702K +18K +373.6% $38.99 22.8K Jun 29, 2021 Direct F1
transaction CRUS Common Stock Sale -$1.53M -18K -78.89% $85.00 4.82K Jun 29, 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 Incentive Stock Option (right to buy) Options Exercise $0 -3.23K -100% $0.00* 0 Jun 29, 2021 Common Stock 3.23K $54.65 Direct F1, F2
transaction CRUS Non-Qualified Stock Option (right to buy) Options Exercise $0 -18K -100% $0.00* 0 Jun 29, 2021 Common Stock 18K $38.99 Direct F1, F3
transaction CRUS Non-Qualified Stock Option (right to buy) Options Exercise $0 -7.31K -69.04% $0.00 3.28K Jun 29, 2021 Common Stock 7.31K $41.49 Direct F1, F4
transaction CRUS Non-Qualified Stock Option (right to buy) Options Exercise $0 -9.77K -100% $0.00* 0 Jun 29, 2021 Common Stock 9.77K $54.65 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on February 22, 2021.
F2 Only vested shares can be exercised under this option. 25% of the shares vested on 11/02/17; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 11/02/20.
F3 Only vested shares can be exercised under this option. 25% of the shares vested on 10/03/13; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 10/03/16.
F4 Only vested shares can be exercised under this option. 25% of the shares vested on 11/07/19; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 11/07/22.