Venkatesh Nathamuni - 04 May 2024 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Signature
By: Gregory Scott Thomas For: Venkatesh Nathamuni
Issuer symbol
CRUS
Transactions as of
04 May 2024
Transactions value $
-$73,527
Form type
4
Filing time
07 May 2024, 16:07:32 UTC
Previous filing
09 Feb 2024
Next filing
05 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRUS Common Stock Options Exercise $0 +3.42K +215.56% $0.00 5.01K 04 May 2024 Direct
transaction CRUS Common Stock Tax liability -$73.5K -831 -16.59% $88.48 4.18K 04 May 2024 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 -3.42K -22.12% $0.00 12K 04 May 2024 Common Stock 3.42K 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 May 4, 2024, and the Company withheld sufficient shares for payment of required tax withholding.
F3 Expiration Date of 05/04/24.