JoDee Benson - Sep 10, 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
Sep 10, 2021
Transactions value $
-$340,941
Form type
4
Date filed
9/13/2021, 07:22 PM
Previous filing
Jul 1, 2021
Next filing
Nov 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRUS Common Stock Options Exercise $570K +10.2K +212.45% $55.72 15.1K Sep 10, 2021 Direct F1
transaction CRUS Common Stock Sale -$901K -10.2K -68% $88.00 4.82K Sep 10, 2021 Direct F1
transaction CRUS Common Stock Options Exercise $18.2K +326 +6.77% $55.72 5.14K Sep 10, 2021 Direct F1
transaction CRUS Common Stock Sale -$28.7K -326 -6.34% $88.00 4.82K Sep 10, 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 -18.17% $0.00 1.47K Sep 10, 2021 Common Stock 326 $55.72 Direct F1, F2
transaction CRUS Non-Qualified Stock Option (right to buy) Options Exercise $0 -10.2K -91.34% $0.00 970 Sep 10, 2021 Common Stock 10.2K $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.