| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CRUS | Incentive Stock Option (right to buy) | Award | $0 | +1.55K | $0.00 | 1.55K | Feb 6, 2023 | Common Stock | 1.55K | $102.37 | Direct | F1 | |
| transaction | CRUS | Non-Qualified Stock Option (right to buy) | Award | $0 | +5.46K | $0.00 | 5.46K | Feb 6, 2023 | Common Stock | 5.46K | $102.37 | Direct | F1 | |
| transaction | CRUS | Performance Shares | Award | $0 | +2.17K | +38.63% | $0.00 | 7.78K | Feb 6, 2023 | Common Stock | 2.17K | Direct | F2 | |
| transaction | CRUS | Restricted Stock Units | Award | $0 | +3.01K | +38.87% | $0.00 | 10.8K | Feb 6, 2023 | Common Stock | 3.01K | Direct | F3, F4 |
| Id | Content |
|---|---|
| F1 | Only vested shares can be exercised under this option. 25% of the shares will vest annually so that the option will be fully vested and exercisable on 2/6/27. |
| F2 | Each Performance-based Restricted Stock Unit (PBRSU) represents the right to receive, following vesting, up to 200% of one share of Cirrus Logic, Inc. common stock. The resulting number of shares of common stock acquired upon vesting of the PBRSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three-year performance period beginning on February 6, 2023, and ending on February 6, 2026. |
| F3 | Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock. |
| F4 | 100% of the restricted stock units will vest on 2/6/26, the 3-year anniversary of the grant date. |