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

Role
Sr VP, General Counsel
Signature
Gregory Scott Thomas
Stock symbol
CRUS
Transactions as of
Dec 13, 2021
Transactions value $
-$891,450
Form type
4
Date filed
12/15/2021, 03:19 PM
Previous filing
Nov 9, 2021
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRUS Common Stock Options Exercise $297K +12.7K +73.87% $23.34 30K Dec 13, 2021 Direct F1
transaction CRUS Common Stock Sale -$1.19M -12.7K -42.49% $93.34 17.2K Dec 13, 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 -12.7K -100% $0.00* 0 Dec 13, 2021 Common Stock 12.7K $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.