Thurman Case - Jan 12, 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
Stock symbol
CRUS
Transactions as of
Jan 12, 2022
Transactions value $
-$111,945
Form type
4
Date filed
1/13/2022, 05:44 PM
Previous filing
Dec 15, 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 $30.6K +1.5K +14.97% $20.37 11.5K Jan 12, 2022 Direct F1
transaction CRUS Common Stock Sale -$143K -1.5K -13.02% $95.00 10K Jan 12, 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 -1.5K -100% $0.00* 0 Jan 12, 2022 Common Stock 1.5K $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.