THURMAN CASE - 13 Dec 2021 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role
VP & CFO
Signature
By: Gregory Scott Thomas For: Thurman K. Case
Issuer symbol
CRUS
Transactions as of
13 Dec 2021
Transactions value $
-$305,154
Form type
4
Filing time
15 Dec 2021, 15:19:25 UTC
Previous filing
10 Dec 2021
Next filing
13 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRUS Common Stock Options Exercise $31.4K +1.54K +12.84% $20.37 13.6K 13 Dec 2021 Direct F1
transaction CRUS Common Stock Sale -$147K -1.54K -11.38% $95.00 12K 13 Dec 2021 Direct F1
transaction CRUS Common Stock Sale -$190K -2K -16.64% $95.00 10K 13 Dec 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRUS Incentive Stock Option (right to buy) Options Exercise $0 -1.54K -50.71% $0.00 1.5K 13 Dec 2021 Common Stock 1.54K $20.37 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on August 11, 2021.
F2 Only vested shares can be exercised under this option. 25% of the shares vested on 10/01/15; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 10/01/18.