William D. Mosley - Jul 26, 2024 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role
Director
Signature
By: Gregory Scott Thomas attorney-in-fact For: WIlliam D. Mosley
Stock symbol
CRUS
Transactions as of
Jul 26, 2024
Transactions value $
$0
Form type
4
Date filed
7/30/2024, 04:30 PM
Previous filing
Sep 11, 2024
Next filing
Aug 9, 2024

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 Award $0 +1.62K $0.00 1.62K Jul 26, 2024 Common Stock 1.62K Direct F1, F2, F3
transaction CRUS Non-Qualified Stock Option (right to buy) Award $0 +4.16K $0.00 4.16K Jul 26, 2024 Common Stock 4.16K $129.24 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
F2 Restricted Stock Units granted upon his first election to Cirrus Logic, Inc.'s Board of Directors.
F3 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 07/26/25, the 1-year anniversary of the grant date.
F4 Only vested shares can be exercised under this option. 25% of the shares will vest and became exercisable on 07/26/25; the remaining shares will vest monthly thereafter over the following 36 months so that the option is fully vested and exercisable on 07/26/28.