THURMAN K. CASE - 12 Jan 2022 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role
VP & CFO
Signature
By: Gregory Scott Thomas attorney-in-fact For: Thurman K. Case
Issuer symbol
CRUS
Transactions as of
12 Jan 2022
Net transactions value
-$111,945
Form type
4
Filing time
13 Jan 2022, 17:44:19 UTC
Previous filing
15 Dec 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 $30,555 +1,500 +15% $20.37 11,519 12 Jan 2022 Direct F1
transaction CRUS Common Stock Sale $142,500 -1,500 -13% $95.00 10,019 12 Jan 2022 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 -1,500 -100% $0.000000* 0 12 Jan 2022 Common Stock 1,500 $20.37 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 11, 2021.
F2 Only vested shares can be exercised under this option. 25% of the shares vested on 10/01/15; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 10/01/18.