R. Dehne - Jul 27, 2015 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role: Director
Signature: By: Gregory Scott Thomas, attorney-in-fact For: Tim R. Dehne
Stock symbol: CRUS
Transactions as of: Jul 27, 2015
Transactions value $: -$140,425
Form type: 4
Date filed: 8/2/2021, 05:16 PM
Next filing: Jul 6, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CRUS	Common Stock	Options Exercise	$198K	+10K	+38.56%	$19.82^*	35.9K	Jul 27, 2015	Direct
transaction	CRUS	Common Stock	Sale	-$339K	-10K	-27.83%	$33.86^*	25.9K	Jul 27, 2015	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	-10K	-40%	$0.00	15K	Jul 27, 2015	Common Stock	10K	$19.82	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sales price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.85 to $33.92. The reporting person will provide full information regarding the number of shares sold as 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.
F2	Only vested shares can be exercised under this option. 25% of the shares vested and became exercisable on 07/23/11. The remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 07/23/14.

Content

The sales price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.85 to $33.92. The reporting person will provide full information regarding the number of shares sold as 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.

Only vested shares can be exercised under this option. 25% of the shares vested and became exercisable on 07/23/11. The remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 07/23/14.