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

Role: VP, MSP
Signature: By: Gregory Scott Thomas For: Carl Jackson Alberty
Issuer symbol: CRUS
Transactions as of: 18 Feb 2022
Net transactions value: -$231,629
Form type: 4
Filing time: 22 Feb 2022, 18:58:24 UTC
Previous filing: 10 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	$87,838	+2,060	+7.3%	$42.64	30,134	18 Feb 2022	Direct
transaction	CRUS	Common Stock	Sale	$319,467	-3,726	-12%	$85.74	26,408	18 Feb 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	-2,060	-26%	$0.000000	5,859	18 Feb 2022	Common Stock	2,060	$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.