Andrew Brannan - Feb 1, 2023 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role
VP, Worldwide Sales
Signature
By: Gregory Scott Thomas attorney-in-fact For: Andrew Brannan
Stock symbol
CRUS
Transactions as of
Feb 1, 2023
Transactions value $
-$168,883
Form type
4
Date filed
2/3/2023, 04:06 PM
Previous filing
Nov 8, 2022
Next filing
Feb 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRUS Common Stock Options Exercise $225K +3.28K +35.63% $68.56 12.5K Feb 1, 2023 Direct F1
transaction CRUS Common Stock Sale -$302K -3.28K -26.27% $92.00 9.21K Feb 1, 2023 Direct F1
transaction CRUS Common Stock Sale -$92K -1K -10.86% $92.00 8.21K Feb 1, 2023 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 Non-Qualified Stock Option (right to buy) Options Exercise $0 -3.28K -41.65% $0.00 4.6K Feb 1, 2023 Common Stock 3.28K $68.56 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was made pursuant to a Rule 10b5-1 adopted by the reporting person on February 16, 2022.
F2 Only vested shares can be exercised under this option. 25% of the shares vested on 11/6/20; the remaining shares will vest monthly over the following 36months so that the option will be fully vested and exercisable on 11/6/23.