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) | Award | $0 | +7.24K | $0.00 | 7.24K | Sep 29, 2021 | Common Stock | 7.24K | $82.14 | Direct | F1 | |
transaction | CRUS | Restricted Stock Units | Award | $0 | +1.93K | $0.00 | 1.93K | Sep 29, 2021 | Common Stock | 1.93K | Direct | F2, F3, F4 |
Id | Content |
---|---|
F1 | Only vested shares can be exercised under this option. 25% of the shares will vest and become exercisable on 9/29/22. The remaining shares will vest monthly thereafter over the following 36 months so that the option is fully vested and exercisable on 9/29/25. |
F2 | Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock. |
F3 | Shares granted upon his appointment to the Cirrus Logic, Inc. Board of Directors. |
F4 | 100% of the restricted stock units will vest on the date of the Company's next Annual Meeting |