Denise Grode - Apr 6, 2023 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role
Chief Human Resources Officer
Signature
By: Gregory Scott Thomas For: Denise Grode
Stock symbol
CRUS
Transactions as of
Apr 6, 2023
Transactions value $
-$75,925
Form type
4
Date filed
4/10/2023, 05:08 PM
Previous filing
Feb 8, 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 $0 +2.95K $0.00 2.95K Apr 6, 2023 Direct
transaction CRUS Common Stock Tax liability -$75.9K -739 -25.08% $102.74 2.21K Apr 6, 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 -2.95K -25.56% $0.00 8.58K Apr 6, 2023 Common Stock 2.95K 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.