Key facts
- This page summarizes CIRRUS LOGIC, INC.'s Form 4 filing for CIRRUS LOGIC, INC. (CRUS).
- 3 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 07 Mar 2025, 16:18.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
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Additional SEC filing notes
Footnote F1
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 March 5, 2025, and ending on March 5, 2028.
Footnote F2
Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
Footnote F3
50% of the restricted stock units will vest on March 5, 2026, and the remaining shares will vest on March 5, 2027.
Footnote F4
20% of the restricted stock units will vest on March 5, 2026, 40% will vest on March 5, 2027, and the remaining shares will vest on March 5, 2028.
SEC remarks
This Form 4 and Mr. Woolard's previously filed Form 3 filed on March 5, 2025, were submitted using the SEC codes of Cirrus Logic, Inc. on behalf of the reporting person, Jeffrey Woolard, Chief Financial Officer of Cirrus Logic, Inc. Mr. Woolard submitted a request for his SEC codes on March 3, 2025.