Scott Arnold Anderson - 03 Mar 2022 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Signature
By: Gregory Scott Thomas For: Scott A. Anderson
Issuer symbol
CRUS
Transactions as of
03 Mar 2022
Net transactions value
-$81,050
Form type
4
Filing time
07 Mar 2022, 16:58:39 UTC
Next filing
10 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRUS Common Stock Options Exercise $0 +3,653 +37% $0.000000 13,464 03 Mar 2022 Direct
transaction CRUS Common Stock Tax liability $81,050 -930 -6.9% $87.15 12,534 03 Mar 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 Restricted Stock Units Options Exercise $0 -3,653 -100% $0.000000* 0 03 Mar 2022 Common Stock 3,653 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 No shares were sold; these shares were withheld to satisfy tax withholding requirements.
F2 Each restricted stock unit was the economic equivalent of one share of common stock. The restricted stock unit vested on March 3, 2022, and the Company withheld sufficient shares for payment of required tax withholdings.
F3 Expiration Date of 3/03/22.