Scott Arnold Anderson - 09 Feb 2023 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
10 Feb 2023, 15:40:35 UTC
Prior SEC filing
07 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: Gregory Scott Thomas attorney-in-fact For: Scott A. Anderson

Key filing fact

Scott Arnold Anderson filed Form 4 for CIRRUS LOGIC, INC. (CRUS) on 10 Feb 2023.

Key facts

  • This page summarizes Scott Arnold Anderson's Form 4 filing for CIRRUS LOGIC, INC. (CRUS).
  • 9 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 10 Feb 2023, 15:40.

Change

  • Previous filing in this sequence was filed on 07 Mar 2022.
  • Current net transaction value: -$1,949,568.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CRUS transaction

Common Stock

Options Exercise

Transaction value
$364,812
Shares
+11,674
Change %
+87%
Price
$31.25
Shares after
25,138
Date
09 Feb 2023
Ownership
Direct
CRUS transaction

Common Stock

Sale

Transaction value
$1,227,638
Shares
-11,674
Change %
-46%
Price
$105.16
Shares after
13,464
Date
09 Feb 2023
Ownership
Direct
Footnotes
F1
CRUS transaction

Common Stock

Options Exercise

Transaction value
$765,100
Shares
+14,000
Change %
+104%
Price
$54.65
Shares after
27,464
Date
09 Feb 2023
Ownership
Direct
CRUS transaction

Common Stock

Sale

Transaction value
$1,472,240
Shares
-14,000
Change %
-51%
Price
$105.16
Shares after
13,464
Date
09 Feb 2023
Ownership
Direct
Footnotes
F1
CRUS transaction

Common Stock

Sale

Transaction value
$379,603
Shares
-3,555
Change %
-28%
Price
$106.78
Shares after
8,979
Date
09 Feb 2023
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CRUS transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-10,940
Change %
-100%
Price
$0.000000*
Shares after
0
Date
09 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,940
Exercise price
$31.25
Footnotes
F2
CRUS transaction Derivative

Incentive Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-734
Change %
-100%
Price
$0.000000*
Shares after
0
Date
09 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
734
Exercise price
$31.25
Footnotes
F2
CRUS transaction Derivative

Incentive Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-3,239
Change %
-100%
Price
$0.000000*
Shares after
0
Date
09 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,239
Exercise price
$54.65
Footnotes
F3
CRUS transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-10,761
Change %
-100%
Price
$0.000000*
Shares after
0
Date
09 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,761
Exercise price
$54.65
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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 $104.57 to $106.40. 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.

Footnote F2

Only vested shares can be exercised under this option. 25% of the shares vested on 11/4/16; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 11/4/19.

Footnote F3

Only vested shares can be exercised under this option. 25% of the shares vested on 11/2/17; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 11/2/20.

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