Ulf Habermann - 08 Feb 2024 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role: Principal Accounting Officer
Signature: By: Gregory Scott Thomas attorney-in-fact For: Ulf Habermann
Issuer symbol: CRUS
Transactions as of: 08 Feb 2024
Net transactions value: $0
Form type: 4
Filing time: 09 Feb 2024, 17:56:43 UTC
Previous filing: 19 Dec 2023
Next filing: 10 Feb 2025
SEC: View on sec.gov

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	Performance Shares	Award	$0	+707		$0.000000	707	08 Feb 2024	Common Stock	707		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Performance-based Restricted Stock Unit (PBRSU) represents the right to receive, following vesting, up to 200% of one share of Cirrus Logic, Inc. common stock. The resulting number of shares of common stock acquired upon vesting of the PBRSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three-year performance period beginning on February 8, 2024, and ending on February 8, 2027.

Content

Each Performance-based Restricted Stock Unit (PBRSU) represents the right to receive, following vesting, up to 200% of one share of Cirrus Logic, Inc. common stock. The resulting number of shares of common stock acquired upon vesting of the PBRSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three-year performance period beginning on February 8, 2024, and ending on February 8, 2027.