Key facts
- This page summarizes Venkatesh Nathamuni's Form 4 filing for CIRRUS LOGIC, INC. (CRUS).
- 9 reported transactions and 5 derivative rows are listed below.
- Accepted by SEC: 09 Feb 2024, 17:30.
Venkatesh Nathamuni - 07 Feb 2024 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)
- Reporting relationship
- Chief Financial Officer
- Issuer ticker
- CRUS
- Reported as of
- 07 Feb 2024
- Net transaction value
- -$98,600
- SEC form
- 4
- Accepted by SEC
- 09 Feb 2024, 17:30:00 UTC
- Prior SEC filing
- 08 May 2023
- Next SEC filing
- 07 May 2024
- Source filing
- View source filing
- Reporting owner signature
- By: Gregory Scott Thomas For: Venkatesh Nathamuni
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Venkatesh Nathamuni filed Form 4 for CIRRUS LOGIC, INC. (CRUS) on 09 Feb 2024.
Change
- Previous filing in this sequence was filed on 08 May 2023.
- Current net transaction value: -$98,600.
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 non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
CRUS
transaction
Common Stock
Sale
- Transaction value
- $45,005
- Shares
- -500
- Change %
- -19%
- Price
- $90.01
- Shares after
- 2,087
- Date
- 07 Feb 2024
- Ownership
- Direct
- Footnotes
- F1
CRUS
transaction
Common Stock
Sale
- Transaction value
- $47,500
- Shares
- -500
- Change %
- -24%
- Price
- $95.00
- Shares after
- 1,587
- Date
- 08 Feb 2024
- Ownership
- Direct
- Footnotes
- F1
CRUS
transaction
Common Stock
Options Exercise
- Transaction value
- $41,405
- Shares
- +500
- Change %
- +32%
- Price
- $82.81
- Shares after
- 2,087
- Date
- 08 Feb 2024
- Ownership
- Direct
- Footnotes
- F1
CRUS
transaction
Common Stock
Sale
- Transaction value
- $47,500
- Shares
- -500
- Change %
- -24%
- Price
- $95.00
- Shares after
- 1,587
- Date
- 08 Feb 2024
- Ownership
- Direct
- Footnotes
- F1
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
- -500
- Change %
- -3.1%
- Price
- $0.000000
- Shares after
- 15,504
- Date
- 08 Feb 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 500
- Exercise price
- $82.81
- Footnotes
- F1, F2
CRUS
transaction
Derivative
Incentive Stock Option (right to buy)
Award
- Transaction value
- $0
- Shares
- +1,072
- Change %
- Price
- $0.000000
- Shares after
- 1,072
- Date
- 08 Feb 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,072
- Exercise price
- $93.24
- Footnotes
- F3
CRUS
transaction
Derivative
Non-Qualified Stock Option (right to buy)
Award
- Transaction value
- $0
- Shares
- +11,507
- Change %
- Price
- $0.000000
- Shares after
- 11,507
- Date
- 08 Feb 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 11,507
- Exercise price
- $93.24
- Footnotes
- F3
CRUS
transaction
Derivative
Performance Shares
Award
- Transaction value
- $0
- Shares
- +3,535
- Change %
- +67%
- Price
- $0.000000
- Shares after
- 8,831
- Date
- 08 Feb 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 3,535
- Exercise price
- Footnotes
- F4
CRUS
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +5,363
- Change %
- +53%
- Price
- $0.000000
- Shares after
- 15,464
- Date
- 08 Feb 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 5,363
- Exercise price
- Footnotes
- F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 6 footnotes
Footnote F1
This transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on May 26, 2023.
Footnote F2
Only vested shares can be exercised under this option. 25% of the shares will vest on 5/4/23; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 5/4/26.
Footnote F3
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 02/08/28.
Footnote F4
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 8, 2024, and ending on February 8, 2027.
Footnote F5
Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
Footnote F6
100% of the restricted stock units will vest on 2/8/27, the 3-year anniversary of the grant date.