Carl Jackson Alberty - May 20, 2024 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role
VP, MSP
Signature
By: Gregory Scott Thomas attorney-in-fact For: Carl Jackson Alberty
Stock symbol
CRUS
Transactions as of
May 20, 2024
Transactions value $
-$164,284
Form type
4
Date filed
5/22/2024, 06:44 PM
Previous filing
Mar 5, 2024
Next filing
Aug 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRUS Common Stock Sale -$227K -2K -4.94% $113.35 38.5K May 20, 2024 Direct F1
transaction CRUS Common Stock Options Exercise $41.6K +533 +1.38% $78.00 39K May 22, 2024 Direct
transaction CRUS Common Stock Options Exercise $20.8K +304 +0.78% $68.56 39.3K May 22, 2024 Direct

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) Options Exercise $0 -533 -30.81% $0.00 1.2K May 22, 2024 Common Stock 533 $78.00 Direct F2
transaction CRUS Incentive Stock Option (right to buy) Options Exercise $0 -304 -100% $0.00* 0 May 22, 2024 Common Stock 304 $68.56 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.33 to $113.39. The reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to any security holder of Cirrus Logic, Inc. or the staff of the SEC upon request.
F2 Only vested shares can be exercised under this option. 25% of the shares vested on 03/03/22; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 03/03/25. Only vested shares can be exercised under this option.
F3 Only vested shares can be exercised under this option. The option fully vested and became exercisable on 11/06/23.