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

Role: VP, Worldwide Sales
Signature: By: Gregory Scott Thomas For: Andrew Brannan
Issuer symbol: CRUS
Transactions as of: 13 Dec 2021
Net transactions value: -$68,250
Form type: 4
Filing time: 15 Dec 2021, 15:19:44 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	$179,970	+2,625	+38%	$68.56	9,559	13 Dec 2021	Direct	F1
transaction	CRUS	Common Stock	Sale	$248,220	-2,625	-27%	$94.56	6,934	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	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-2,625	-25%	$0.000000	7,875	13 Dec 2021	Common Stock	2,625	$68.56	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 5, 2021.
F2	Only vested shares can be exercised under this option. 25% of the shares vested on 11/06/20; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 11/06/23.