SEC Form 4 · accession 0001273902-17-000013
CIRRUS LOGIC, INC. · CRUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Arnold Anderson
Officer — VP & GM Audio Division
Period of report
Feb 1, 2017
Accepted (ET)
Feb 3, 2017 · 4:40 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 | Feb 1, 2017 | M | 5,000 | $20.37 | A | 18,932 | D | |
| Common Stock | Feb 1, 2017 | S | 5,000 | $62.19 | D | 13,932 | 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 | $20.37 | Feb 1, 2017 | M | 5,000 | D | — | Oct 1, 2024 | Common Stock | 5,000 | 14,091 | D |
Explanation of responses
- F1This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on August 26, 2016.
- F2Only vested shares can be exercised under this option. 25% of the shares vested on 10/1/15; the remaining shares vest monthly over the following 36 months so that the option will be fully vested and exercisable on 10/1/18.