SEC Form 4 · accession 0001273902-15-000048
CIRRUS LOGIC, INC. · CRUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randolph K Carlson
Officer — VP Supply Chain
Period of report
May 28, 2015
Accepted (ET)
Jun 1, 2015 · 4:23 pm EDT
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 | May 28, 2015 | M | 1,667 | $5.53 | A | 1,667 | D | |
| Common Stock | May 28, 2015 | S | 1,667 | $37.773 | D | 0 | D | |
| Common Stock | May 28, 2015 | M | 2,334 | $5.55 | A | 2,334 | D | |
| Common Stock | May 28, 2015 | S | 2,334 | $37.773 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy) | $5.53 | May 28, 2015 | M | 1,667 | D | Dec 2, 2009 | Dec 2, 2019 | Common Stock | 1,667 | 0 | D |
| Incentive Stock Option (right to buy) | $5.55 | May 28, 2015 | M | 2,334 | D | Oct 7, 2009 | Oct 7, 2019 | Common Stock | 2,334 | 0 | D |
Explanation of responses
- F1Only vested shares can be exercised under this option. 25% of the shares vested and became exercisable on 12/2/10. The remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 12/2/13.
- F2Only vested shares can be exercised under this option. 25% of the shares vested and became exercisable on 10/7/10. The remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 10/7/13.