Gregory Scott Thomas - 13 Dec 2021 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role
Sr VP, General Counsel
Signature
Gregory Scott Thomas
Issuer symbol
CRUS
Transactions as of
13 Dec 2021
Net transactions value
-$891,450
Form type
4
Filing time
15 Dec 2021, 15:19:26 UTC
Previous filing
09 Nov 2021
Next filing
03 Mar 2022
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 $297,235 +12,735 +74% $23.34 29,974 13 Dec 2021 Direct F1
transaction CRUS Common Stock Sale $1,188,685 -12,735 -42% $93.34 17,239 13 Dec 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 -12,735 -100% $0.000000* 0 13 Dec 2021 Common Stock 12,735 $23.34 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 August 10, 2021.
F2 Only vested shares can be exercised under this option. 25% of the shares vested on 10/02/14; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 10/02/17.