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

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
10 Feb 2025, 17:08:23 UTC
Prior SEC filing
10 Feb 2025
Next SEC filing
04 Nov 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: Gregory Scott Thomas attorney-in-fact For: Ulf Habermann

Key filing fact

Ulf Habermann filed Form 4 for CIRRUS LOGIC, INC. (CRUS) on 10 Feb 2025.

Key facts

  • This page summarizes Ulf Habermann's Form 4 filing for CIRRUS LOGIC, INC. (CRUS).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 10 Feb 2025, 17:08.

Change

  • Previous filing in this sequence was filed on 10 Feb 2025.
  • 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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

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

CRUS transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+4,310
Change %
+38%
Price
$0.000000
Shares after
15,674
Date
06 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,310
Exercise price
Footnotes
F1, F2
CRUS transaction Derivative

Performance Shares

Award

Transaction value
$0
Shares
+1,437
Change %
Price
$0.000000
Shares after
1,437
Date
06 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,437
Exercise price
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

Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.

Footnote F2

100% of the restricted stock units will vest on 02/06/28, the 3-year anniversary of the grant date.

Footnote 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.

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