SEC Form 4 · accession 0001273902-17-000085
CIRRUS LOGIC, INC. · CRUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley J Fluke
Officer — VP & GM, MEMS Division
Period of report
Oct 1, 2017
Accepted (ET)
Oct 3, 2017 · 7:57 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 | Oct 1, 2017 | M | 12,000 | $0.00 | A | 12,000 | D | |
| Common Stock | Oct 1, 2017 | F | 4,675 | $53.32 | D | 7,325 | D | |
| Common StockF2 | Oct 2, 2017 | S | 7,325 | $53.4385 | 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 UnitsF3,F4 | $0.00 | Oct 1, 2017 | M | 12,000 | D | Oct 1, 2017 | — | Common Stock | 12,000 | 11,000 | D |
Explanation of responses
- F1This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on August 04, 2016.
- F2The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.87 to $53.86. The reporting person will provide full information regarding the number of shares bought as each separate price within the ranges set forth in this footnote to any security holder of Cirrus Logic, Inc. or the staff of the SEC upon request.
- F3Each restricted stock unit was the economic equivalent of one share of common stock. The restricted stock unit vested on October 1, 2017, and the Company withheld sufficient shares for payment of required tax withholdings.
- F4Expiration date of 10/01/17