Carl Jackson Alberty - 08 Feb 2023 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role
VP, MSP
Signature
By: Gregory Scott Thomas attorney-in-fact For: Carl Alberty
Issuer symbol
CRUS
Transactions as of
08 Feb 2023
Net transactions value
-$88,214
Form type
4
Filing time
10 Feb 2023, 15:40:56 UTC
Previous filing
08 Feb 2023
Next filing
09 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRUS Common Stock Options Exercise $111,162 +2,607 +7.3% $42.64 38,269 08 Feb 2023 Direct
transaction CRUS Common Stock Options Exercise $11,312 +165 +0.43% $68.56 38,434 08 Feb 2023 Direct
transaction CRUS Common Stock Sale $210,689 -1,998 -5.2% $105.45 36,436 08 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 Incentive Stock Option (right to buy) Options Exercise $0 -2,607 -86% $0.000000 442 08 Feb 2023 Common Stock 2,607 $42.64 Direct F2
transaction CRUS Incentive Stock Option (right to buy) Options Exercise $0 -165 -18% $0.000000 743 08 Feb 2023 Common Stock 165 $68.56 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.58 to $105.42. The reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to any security holder of Cirrus Logic, Inc. or the staff of the SEC upon request.
F2 Only vested shares can be exercised under this option. The option will be fully vested and exercisable on 04/03/23.
F3 Only vested shares can be exercised under this option. The option will be fully vested and exercisable on 11/06/23.