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

Role
Sr VP, General Counsel &
Signature
Gregory Scott Thomas
Stock symbol
CRUS
Transactions as of
Mar 30, 2023
Transactions value $
-$564,355
Form type
4
Date filed
3/31/2023, 04:10 PM
Previous filing
Feb 7, 2023
Next filing
Feb 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRUS Common Stock Options Exercise $561K +10.3K +49.92% $54.65 30.8K Mar 30, 2023 Direct F1
transaction CRUS Common Stock Sale -$1.13M -10.3K -33.3% $109.65 20.6K Mar 30, 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 -10.3K -100% $0.00* 0 Mar 30, 2023 Common Stock 10.3K $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.