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

Role
VP, Worldwide Sales
Signature
By: Gregory Scott Thomas For: Andrew Brannan
Stock symbol
CRUS
Transactions as of
Dec 13, 2021
Transactions value $
-$68,250
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 $180K +2.63K +37.86% $68.56 9.56K Dec 13, 2021 Direct F1
transaction CRUS Common Stock Sale -$248K -2.63K -27.46% $94.56 6.93K 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 Non-Qualified Stock Option (right to buy) Options Exercise $0 -2.63K -25% $0.00 7.88K Dec 13, 2021 Common Stock 2.63K $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.