Alexander M. Davern - Jul 26, 2024 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role
Director
Signature
By: Gregory Scott Thomas attorney-in-fact For: Alexander Davern
Stock symbol
CRUS
Transactions as of
Jul 26, 2024
Transactions value $
$0
Form type
4
Date filed
7/30/2024, 04:24 PM
Previous filing
Jun 17, 2024
Next filing
Oct 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRUS Common Stock Award $0 +2.58K +13.32% $0.00 21.9K Jul 26, 2024 Direct F1, F2

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 -2.58K -100% $0.00* 0 Jul 26, 2024 Common Stock 2.58K Direct F1, F2
transaction CRUS Restricted Stock Units Award $0 +1.62K $0.00 1.62K Jul 26, 2024 Common Stock 1.62K Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit was the economic equivalent of one share of common stock. The restricted stock units vested on July 26, 2024.
F2 Expiration Date of July 26, 2024.
F3 Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
F4 Restricted Stock Units granted upon re-election to Cirrus Logic, Inc.'s Board of Directors.
F5 100% of the restricted stock units will vest on the earlier of: (a) the date of the Company's next Annual Meeting or (b) on July 26, 2025, the 1-year anniversary of the grant date.