Alan R. Schuele - 28 Jul 2021 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
30 Jul 2021, 16:58:59 UTC
Prior SEC filing
01 Jul 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: Gregory Scott Thomas attorney-in-fact For: Alan R. Schuele

Key filing fact

Alan R. Schuele filed Form 4 for CIRRUS LOGIC, INC. (CRUS) on 30 Jul 2021.

Key facts

  • This page summarizes Alan R. Schuele's Form 4 filing for CIRRUS LOGIC, INC. (CRUS).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 30 Jul 2021, 16:58.

Change

  • Previous filing in this sequence was filed on 01 Jul 2021.
  • Current net transaction value: -$339,914.

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
$76,550
Shares
+5,000
Change %
+22%
Price
$15.31*
Shares after
27,965
Date
28 Jul 2021
Ownership
Direct
Footnotes
F1
CRUS transaction

Common Stock

Sale

Transaction value
$416,464
Shares
-5,000
Change %
-18%
Price
$83.29
Shares after
22,965
Date
28 Jul 2021
Ownership
Direct
Footnotes
F1, F2

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
-5,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
28 Jul 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,000
Exercise price
$15.31
Footnotes
F1, 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

This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on February 5, 2021.

Footnote 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 $82.82 to $83.71. 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 F3

Only vested shares can be exercised under this option. 25% of the shares vested on 07/28/12; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 07/28/15.

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