Justin E. Dougherty - 03 Jul 2022 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role
VP, Engineering Operation
Signature
By: Gregory Scott Thomas For: Justin E. Dougherty
Issuer symbol
CRUS
Transactions as of
03 Jul 2022
Net transactions value
-$259,135
Form type
4
Filing time
05 Jul 2022, 16:09:54 UTC
Previous filing
19 May 2022
Next filing
08 Nov 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 $0 +13,000 +229% $0.000000 18,673 03 Jul 2022 Direct
transaction CRUS Common Stock Tax liability $259,135 -3,720 -20% $69.66 14,953 03 Jul 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 -13,000 -56% $0.000000 10,408 03 Jul 2022 Common Stock 13,000 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.