Alan R. Schuele - Jul 28, 2021 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role: Director
Signature: By: Gregory Scott Thomas attorney-in-fact For: Alan R. Schuele
Stock symbol: CRUS
Transactions as of: Jul 28, 2021
Transactions value $: -$339,915
Form type: 4
Date filed: 7/30/2021, 04:58 PM
Previous filing: Jul 1, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CRUS	Common Stock	Options Exercise	$76.6K	+5K	+21.77%	$15.31^*	28K	Jul 28, 2021	Direct	F1
transaction	CRUS	Common Stock	Sale	-$416K	-5K	-17.88%	$83.29	23K	Jul 28, 2021	Direct	F1, F2

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	-5K	-100%	$0.00^*	0	Jul 28, 2021	Common Stock	5K	$15.31	Direct	F1, F3

* 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 5, 2021.
F2	The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.82 to $83.71. The reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to any security holder of Cirrus Logic, Inc. or the staff of the SEC upon request.
F3	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.