SEC Form 4 · accession 0001273902-16-000203

CIRRUS LOGIC, INC. · CRUS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — VP and CFO

Period of report

Jul 28, 2016

Accepted (ET)

Jul 29, 2016 · 5:06 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
Common Stock	Jul 28, 2016	M	6,726	$23.34	A	30,734	D
Common Stock	Jul 28, 2016	S	6,726	$50.00	D	24,008	D
Common Stock	Jul 28, 2016	M	10,000	$15.41	A	34,008	D
Common Stock	Jul 28, 2016	S	10,000	$46.25	D	24,008	D
Common Stock	Jul 28, 2016	S	8,242	$46.25	D	15,766	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Incentive Stock Option (right to buy)^F2	$23.34	Jul 28, 2016	M	6,726	D	—	Oct 2, 2023	Common Stock	6,726	6,666	D
Non-Qualified Stock Option (right to buy)^F3	$15.41	Jul 28, 2016	M	10,000	D	—	Oct 5, 2021	Common Stock	10,000	15,000	D

F1These transactions were made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on February 29, 2016.
F2The option vests on a 4-year schedule: 25% of the shares became exercisable on 10/2/2014; the remaining 75% of the shares vest at a rate of 1/36th per month over the following 36 months so that the option will be fully vested and exercisable on 10/2/2017. Only vested shares can be exercised under this option.
F3The option vested on a 4-year schedule: 25% of the shares became exercisable on 10/5/2012; the remaining 75% of the shares vested at a rate of 1/36th per month over the following 36 months so that the option was fully vested and exercisable on 10/5/2015. Only vested shares can be exercised under this option.