SEC Form 4 · accession 0001273902-15-000026
CIRRUS LOGIC, INC. · CRUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alexander M Davern
Director
Period of report
Mar 25, 2015
Accepted (ET)
Mar 27, 2015 · 4:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000772406
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $32.29 | Mar 25, 2015 | A | 21,731 | A | — | Mar 25, 2025 | Common Stock | 21,731 | 21,731 | D |
Explanation of responses
- F1Only vested shares can be exercised under this option. 25% of the shares will vest and become exercisable on 03/25/16. The remaining shares will vest monthly thereafter over the following 36 months so that the option is fully vested and exercisable on 03/25/19.