Gregory Scott Thomas - 30 Mar 2023 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Signature
Gregory Scott Thomas
Issuer symbol
CRUS
Transactions as of
30 Mar 2023
Net transactions value
-$564,355
Form type
4
Filing time
31 Mar 2023, 16:10:04 UTC
Previous filing
07 Feb 2023
Next filing
09 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRUS Common Stock Options Exercise $560,764 +10,261 +50% $54.65 30,815 30 Mar 2023 Direct F1
transaction CRUS Common Stock Sale $1,125,119 -10,261 -33% $109.65 20,554 30 Mar 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 -10,261 -100% $0.000000* 0 30 Mar 2023 Common Stock 10,261 $54.65 Direct F1, 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 August 10, 2022.
F2 Only vested shares can be exercised under this option. 25% of the shares vested and became exercisable on 11/2/17; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 11/2/20.