Denise Grode - 06 Apr 2023 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role
Chief Human Resources Officer
Signature
By: Gregory Scott Thomas For: Denise Grode
Issuer symbol
CRUS
Transactions as of
06 Apr 2023
Net transactions value
-$75,925
Form type
4
Filing time
10 Apr 2023, 17:08:24 UTC
Previous filing
08 Feb 2023
Next filing
09 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRUS Common Stock Options Exercise $0 +2,947 $0.000000 2,947 06 Apr 2023 Direct
transaction CRUS Common Stock Tax liability $75,925 -739 -25% $102.74 2,208 06 Apr 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 Restricted Stock Units Options Exercise $0 -2,947 -26% $0.000000 8,583 06 Apr 2023 Common Stock 2,947 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 No shares were sold; these shares were withheld to satisfy tax withholding requirements.
F2 Each restricted stock unit was the economic equivalent of one share of common stock. The restricted stock units vested on April 6, 2023, and the Company withheld sufficient shares for payment of required tax withholding.
F3 Expiration Date of 04/06/23.