SEC Form 4 · accession 0001273902-15-000020
CIRRUS LOGIC, INC. · CRUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thurman K Case
Officer — VP and CFO
Period of report
Mar 5, 2015
Accepted (ET)
Mar 6, 2015 · 4:58 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000772406
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 5, 2015 | M | 15,000 | $6.51 | A | 33,203 | D | |
| Common Stock | Mar 5, 2015 | S | 15,000 | $32.00 | D | 18,203 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F2 | $6.51 | Mar 5, 2015 | M | 15,000 | D | — | Oct 3, 2017 | Common Stock | 15,000 | 0 | D |
Explanation of responses
- F1This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on August 29, 2014.
- F2Only vested shares can be exercised under this option. 25% of the shares vested and became exercisable on 10/3/08. The remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 10/3/11.