Carl Jackson Alberty - Feb 18, 2022 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role
VP, MSP
Signature
By: Gregory Scott Thomas For: Carl Jackson Alberty
Stock symbol
CRUS
Transactions as of
Feb 18, 2022
Transactions value $
-$231,629
Form type
4
Date filed
2/22/2022, 06:58 PM
Previous filing
Nov 10, 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 $87.8K +2.06K +7.34% $42.64 30.1K Feb 18, 2022 Direct
transaction CRUS Common Stock Sale -$319K -3.73K -12.36% $85.74 26.4K Feb 18, 2022 Direct

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 -2.06K -26.01% $0.00 5.86K Feb 18, 2022 Common Stock 2.06K $42.64 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Only vested shares can be exercised under this option. 25% of the shares vested on 04/03/20; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 04/03/23.