Ulf Habermann - 03 Nov 2024 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role
Interim CFO
Signature
By: Gregory Scott Thomas attorney-in-fact For: Ulf Habermann
Issuer symbol
CRUS
Transactions as of
03 Nov 2024
Net transactions value
-$119,786
Form type
4
Filing time
10 Feb 2025, 16:41:24 UTC
Previous filing
09 Feb 2024
Next filing
10 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRUS Common Stock Options Exercise $0 +4,457 +18% $0.000000 29,192 03 Nov 2024 Direct F1
transaction CRUS Common Stock Tax liability $119,786 -1,086 -3.7% $110.30 28,106 03 Nov 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 -4,457 -28% $0.000000 11,364 03 Nov 2024 Common Stock 4,457 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares vested on November 3, 2024. The late filing is due to an inadvertent administrative error.
F2 No shares were sold; these shares were withheld to satisfy tax withholding requirements.
F3 Each restricted stock unit was the economic equivalent of one share of common stock. The restricted stock unit vested on November 3, 2024, and the Company withheld sufficient shares for payment of required tax withholdings.
F4 Expiration Date of 11/3/24.