CIRRUS LOGIC, INC. - 05 Mar 2025 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
07 Mar 2025, 16:18:55 UTC
Prior SEC filing
05 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: Gregory Scott Thomas attorney-in-fact For: Jeffrey Woolard

Key filing fact

CIRRUS LOGIC, INC. filed Form 4 for CIRRUS LOGIC, INC. (CRUS) on 07 Mar 2025.

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.

Change

  • Previous filing in this sequence was filed on 05 Mar 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

Performance Shares

Award

Transaction value
$0
Shares
+9,274
Change %
Price
$0.000000
Shares after
9,274
Date
05 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
9,274
Exercise price
Footnotes
F1
CRUS transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+14,233
Change %
Price
$0.000000
Shares after
14,233
Date
05 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
14,233
Exercise price
Footnotes
F2, F3
CRUS transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+23,722
Change %
Price
$0.000000
Shares after
23,722
Date
05 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
23,722
Exercise price
Footnotes
F2, 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

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.

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