JoDee Benson - 10 Sep 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
Issuer symbol: CRUS
Transactions as of: 10 Sep 2021
Net transactions value: -$340,941
Form type: 4
Filing time: 13 Sep 2021, 19:22:40 UTC
Previous filing: 01 Jul 2021
Next filing: 09 Nov 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	$570,350	+10,236	+212%	$55.72	15,054	10 Sep 2021	Direct	F1
transaction	CRUS	Common Stock	Sale	$900,768	-10,236	-68%	$88.00	4,818	10 Sep 2021	Direct	F1
transaction	CRUS	Common Stock	Options Exercise	$18,165	+326	+6.8%	$55.72	5,144	10 Sep 2021	Direct	F1
transaction	CRUS	Common Stock	Sale	$28,688	-326	-6.3%	$88.00	4,818	10 Sep 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	-326	-18%	$0.000000	1,468	10 Sep 2021	Common Stock	326	$55.72	Direct	F1, F2
transaction	CRUS	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-10,236	-91%	$0.000000	970	10 Sep 2021	Common Stock	10,236	$55.72	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 11/1/18; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 11/1/21.