Ulf Habermann - 06 Feb 2025 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

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	+4,310	+38%	$0.000000	15,674	06 Feb 2025	Common Stock	4,310		Direct	F1, F2
transaction	CRUS	Performance Shares	Award	$0	+1,437		$0.000000	1,437	06 Feb 2025	Common Stock	1,437		Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
F2	100% of the restricted stock units will vest on 02/06/28, the 3-year anniversary of the grant date.
F3	These performance shares reflect performance-based restricted stock units that we refer to as Performance Stock Units (PSUs). Each PSU represents the right to receive, following vesting, up to 200% of one share of Cirrus Logic, Inc. common stock. The resulting number of shares of common stock acquired upon vesting of the PSUs is contingent upon the achievement of pre-established performance metrics, as approved by the our Compensation Committee, over a three-fiscal-year performance period beginning with fiscal year 2026 and ending at the conclusion of fiscal year 2028. The PSUs vest, at level in accordance with their associated performance criteria, in three tranches, with each vest occurring shortly after the public reporting of financial results for each fiscal year of that performance period. The PSU performance metrics involve revenue and revenue growth within strategic markets that extend beyond our core market, as guided by our strategic plan.