Key facts
- This page summarizes Allan Hughes's Form 4 filing for CIRRUS LOGIC, INC. (CRUS).
- 3 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 08 Feb 2023, 17:05.
Allan Hughes - 06 Feb 2023 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)
- Reporting relationship
- VP, Cirrus Logic Internat
- Issuer ticker
- CRUS
- Reported as of
- 06 Feb 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 08 Feb 2023, 17:05:14 UTC
- Prior SEC filing
- 08 Nov 2022
- Source filing
- View source filing
- Reporting owner signature
- By: Gregory Scott Thomas attorney-in-fact For: Allan Hughes
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Allan Hughes filed Form 4 for CIRRUS LOGIC, INC. (CRUS) on 08 Feb 2023.
Change
- Previous filing in this sequence was filed on 08 Nov 2022.
- Current net transaction value: $0.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
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)
Award
- Transaction value
- $0
- Shares
- +5,304
- Change %
- Price
- $0.000000
- Shares after
- 5,304
- Date
- 06 Feb 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 5,304
- Exercise price
- $102.37
- Footnotes
- F1
CRUS
transaction
Derivative
Performance Shares
Award
- Transaction value
- $0
- Shares
- +1,642
- Change %
- +37%
- Price
- $0.000000
- Shares after
- 6,045
- Date
- 06 Feb 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,642
- Exercise price
- Footnotes
- F2
CRUS
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +2,280
- Change %
- +38%
- Price
- $0.000000
- Shares after
- 8,329
- Date
- 06 Feb 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 2,280
- Exercise price
- Footnotes
- F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Only vested shares can be exercised under this option. 25% of the shares will vest annually so that the option will be fully vested and exercisable on 2/6/27.
Footnote F2
Each Performance-based Restricted Stock Unit (PBRSU) 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 PBRSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three-year performance period beginning on February 6, 2023, and ending on February 6, 2026.
Footnote F3
Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
Footnote F4
100% of the restricted stock units will vest on 2/6/26, the 3-year anniversary of the grant date.