SEC Form 4 · accession 0001273902-17-000120
CIRRUS LOGIC, INC. · CRUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christine King
Director
Period of report
Dec 15, 2017
Accepted (ET)
Dec 19, 2017 · 4:17 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 | Dec 15, 2017 | M | 562 | $24.14 | A | 11,744 | D | |
| Common Stock | Dec 15, 2017 | S | 562 | $49.75 | D | 11,182 | 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 | $24.14 | Dec 15, 2017 | M | 562 | D | — | Oct 17, 2023 | Common Stock | 562 | 0 | D |
Explanation of responses
- F1This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on May 5, 2017.
- F2Only vested shares can be exercised under this option. 25% of the shares vested and became exercisable on 10/17/2014. The remaining shares vested monthly thereafter over the following 36 months so that the option was fully vested and exercisable on 10/17/2017.