Andrew Brannan - 01 Feb 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
Issuer symbol: CRUS
Transactions as of: 01 Feb 2023
Net transactions value: -$168,883
Form type: 4
Filing time: 03 Feb 2023, 16:06:41 UTC
Previous filing: 08 Nov 2022
Next filing: 07 Feb 2023
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	$224,877	+3,280	+36%	$68.56	12,485	01 Feb 2023	Direct	F1
transaction	CRUS	Common Stock	Sale	$301,760	-3,280	-26%	$92.00	9,205	01 Feb 2023	Direct	F1
transaction	CRUS	Common Stock	Sale	$92,000	-1,000	-11%	$92.00	8,205	01 Feb 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	-3,280	-42%	$0.000000	4,595	01 Feb 2023	Common Stock	3,280	$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.