Justin E. Dougherty - Aug 9, 2024 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role
SVP, Global Operations
Signature
By: Gregory Scott Thomas attorney-in-fact For: Justin E. Dougherty
Stock symbol
CRUS
Transactions as of
Aug 9, 2024
Transactions value $
-$643,484
Form type
4
Date filed
8/13/2024, 05:43 PM
Previous filing
May 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRUS Common Stock Sale -$132K -1K -17.13% $131.69 4.84K Aug 9, 2024 Direct F1
transaction CRUS Common Stock Options Exercise $506K +6.49K +134.19% $78.00 11.3K Aug 9, 2024 Direct
transaction CRUS Common Stock Sale -$855K -6.49K -57.3% $131.71 4.84K Aug 9, 2024 Direct F2
transaction CRUS Common Stock Options Exercise $45.5K +663 +13.7% $68.56 5.5K Aug 9, 2024 Direct
transaction CRUS Common Stock Sale -$87.3K -663 -12.05% $131.71 4.84K Aug 9, 2024 Direct F2
transaction CRUS Common Stock Options Exercise $81.9K +1.19K +24.68% $68.56 6.03K Aug 9, 2024 Direct
transaction CRUS Common Stock Sale -$157K -1.19K -19.79% $131.71 4.84K Aug 9, 2024 Direct F2
transaction CRUS Common Stock Options Exercise $66.6K +854 +17.65% $78.00 5.69K Aug 9, 2024 Direct
transaction CRUS Common Stock Sale -$112K -854 -15% $131.71 4.84K Aug 9, 2024 Direct 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 Non-Qualified Stock Option (right to buy) Options Exercise $0 -6.49K -95.74% $0.00 289 Aug 9, 2024 Common Stock 6.49K $78.00 Direct F3
transaction CRUS Non-Qualified Stock Option (right to buy) Options Exercise $0 -663 -100% $0.00* 0 Aug 9, 2024 Common Stock 663 $68.56 Direct F4
transaction CRUS Incentive Stock Option (right to buy) Options Exercise $0 -1.19K -100% $0.00* 0 Aug 9, 2024 Common Stock 1.19K $68.56 Direct F4
transaction CRUS Incentive Stock Option (right to buy) Options Exercise $0 -854 -46.92% $0.00 966 Aug 9, 2024 Common Stock 854 $78.00 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 $131.0150 to $132.4650. 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 The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $130.8700 to $132.6650. 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.
F3 Only vested shares can be exercised under this option. 25% of the shares vested and became exercisable 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.
F4 Only vested shares can be exercised under this option. 25% of the shares vested and became exercisable on 11/06/20; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 11/06/23.