Catherine Lego - Jul 29, 2022 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role
Director
Signature
By: Gregory Scott Thomas For: Lego, Catherine P
Stock symbol
CRUS
Transactions as of
Jul 29, 2022
Transactions value $
$0
Form type
4
Date filed
8/2/2022, 08:31 PM
Previous filing
Apr 27, 2022
Next filing
Dec 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRUS Common Stock Award $0 +2.3K +305.04% $0.00 3.05K Jul 29, 2022 Direct F1, F2
holding CRUS Common Stock 3K Jul 29, 2022 by Trust F3

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 Award $0 +2.46K +106.83% $0.00 4.76K Jul 29, 2022 Common Stock 2.46K Direct F4, F5, F6
transaction CRUS Restricted Stock Units Options Exercise $0 -2.3K -48.35% $0.00 2.46K Jul 29, 2022 Common Stock 2.3K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit was the economic equivalent of one share of common stock. The restricted stock units vested on July 29, 2022.
F2 Expiration Date of July 29, 2022.
F3 These shares are held in the Catherine Pierson Lego Trust UA DTD 05/09/07, of which the Reporting Person is the sole trustee and the sole beneficiary.
F4 Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
F5 Restricted Stock Units granted upon re-election to the Cirrus Logic, Inc. Board of Directors.
F6 100% of the restricted stock units will vest on the earlier of: (a) the date of the Company's next Annual Meeting or (b) on 7/29/23, the 1-year anniversary of the grant date.