Carl Jackson Alberty - 25 May 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
25 May 2022
Net transactions value
+$119,818
Form type
4
Filing time
27 May 2022, 16:45:51 UTC
Previous filing
05 Apr 2022
Next filing
05 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRUS Common Stock Options Exercise $119,818 +2,810 +8.8% $42.64 34,837 25 May 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 -2,810 -48% $0.000000 3,049 25 May 2022 Common Stock 2,810 $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.