SEC Form 4 · accession 0001273902-17-000070
CIRRUS LOGIC, INC. · CRUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew Brannan
Officer — VP of Worldwide Sales
Period of report
Aug 22, 2017
Accepted (ET)
Aug 23, 2017 · 6:35 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 | Aug 22, 2017 | M | 21,504 | $0.00 | A | 21,504 | D | |
| Common Stock | Aug 23, 2017 | S | 21,504 | $55.0962 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Aug 22, 2017 | M | 21,504 | D | Aug 22, 2015 | — | Common Stock | 21,504 | 11,000 | D |
Explanation of responses
- F1Each restricted stock unit was the economic equivalent of one share of common stock.
- F2The restricted stock units were granted on August 22, 2014, in conjunction with Cirrus Logic, Inc.'s acquisition of Wolfson Microelectronics plc. One-third of the shares vested annually, with the shares fully vested on August 22, 2017.