Justin E. Dougherty - Jul 3, 2022 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role
VP, Engineering Operation
Signature
By: Gregory Scott Thomas For: Justin E. Dougherty
Stock symbol
CRUS
Transactions as of
Jul 3, 2022
Transactions value $
-$259,135
Form type
4
Date filed
7/5/2022, 04:09 PM
Previous filing
May 19, 2022
Next filing
Nov 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRUS Common Stock Options Exercise $0 +13K +229.16% $0.00 18.7K Jul 3, 2022 Direct
transaction CRUS Common Stock Tax liability -$259K -3.72K -19.92% $69.66 15K Jul 3, 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 -13K -55.54% $0.00 10.4K Jul 3, 2022 Common Stock 13K 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 July 3, 2022, and the Company withheld sufficient shares for payment of required tax withholdings.
F3 Expiration Date of 7/03/22.