Muhammad Raghib Hussain - Jul 29, 2022 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role
Director
Signature
By: Gregory Scott Thomas For: Hussain, Muhammad Raghib
Stock symbol
CRUS
Transactions as of
Jul 29, 2022
Transactions value $
$0
Form type
4
Date filed
8/3/2022, 04:16 PM
Previous filing
Jul 19, 2022
Next filing
Oct 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRUS Common Stock Award $0 +1.93K $0.00 1.93K Jul 29, 2022 Direct F1, F2

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 +127.64% $0.00 4.38K Jul 29, 2022 Common Stock 2.46K Direct F3, F4, F5
transaction CRUS Restricted Stock Units Options Exercise $0 -1.93K -43.93% $0.00 2.46K Jul 29, 2022 Common Stock 1.93K 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 Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
F4 Restricted Stock Units granted upon election to the Cirrus Logic, Inc. Board of Directors.
F5 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.