Id | Content |
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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. |