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

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	Incentive Stock Option (right to buy)	Award	$0	+1,072		$0.000000	1,072	08 Feb 2024	Common Stock	1,072	$93.24	Direct	F1
transaction	CRUS	Non-Qualified Stock Option (right to buy)	Award	$0	+6,056		$0.000000	6,056	08 Feb 2024	Common Stock	6,056	$93.24	Direct	F1
transaction	CRUS	Performance Shares	Award	$0	+2,003	+44%	$0.000000	6,510	08 Feb 2024	Common Stock	2,003		Direct	F2
transaction	CRUS	Restricted Stock Units	Award	$0	+3,039	+35%	$0.000000	11,622	08 Feb 2024	Common Stock	3,039		Direct	F3, F4

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

Id	Content
F1	Only vested shares can be exercised under this option. 25% of the shares will vest annually so that the option will be fully vested and exercisable on 02/08/28.
F2	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.
F3	Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
F4	100% of the restricted stock units will vest on 2/8/27, the 3-year anniversary of the grant date.