JoDee Benson - 29 Jun 2021 Form 4 Insider Report for CIRRUS LOGIC, INC. (CRUS)

Role: VP & Chief Culture Officer
Signature: By: Gregory Scott Thomas attorney-in-fact For: Jo-Dee M. Benson
Issuer symbol: CRUS
Transactions as of: 29 Jun 2021
Net transactions value: -$1,546,521
Form type: 4
Filing time: 01 Jul 2021, 16:29:24 UTC
Previous filing: 29 Jun 2021
Next filing: 13 Sep 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CRUS	Common Stock	Options Exercise	$533,985	+9,771	+203%	$54.65	14,589	29 Jun 2021	Direct	F1
transaction	CRUS	Common Stock	Sale	$840,306	-9,771	-67%	$86.00	4,818	29 Jun 2021	Direct	F1
transaction	CRUS	Common Stock	Options Exercise	$303,333	+7,311	+152%	$41.49	12,129	29 Jun 2021	Direct	F1
transaction	CRUS	Common Stock	Sale	$614,124	-7,311	-60%	$84.00	4,818	29 Jun 2021	Direct	F1
transaction	CRUS	Common Stock	Options Exercise	$176,465	+3,229	+67%	$54.65	8,047	29 Jun 2021	Direct	F1
transaction	CRUS	Common Stock	Sale	$277,694	-3,229	-40%	$86.00	4,818	29 Jun 2021	Direct	F1
transaction	CRUS	Common Stock	Options Exercise	$701,820	+18,000	+374%	$38.99	22,818	29 Jun 2021	Direct	F1
transaction	CRUS	Common Stock	Sale	$1,530,000	-18,000	-79%	$85.00	4,818	29 Jun 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CRUS	Incentive Stock Option (right to buy)	Options Exercise	$0	-3,229	-100%	$0.000000^*	0	29 Jun 2021	Common Stock	3,229	$54.65	Direct	F1, F2
transaction	CRUS	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-18,000	-100%	$0.000000^*	0	29 Jun 2021	Common Stock	18,000	$38.99	Direct	F1, F3
transaction	CRUS	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-7,311	-69%	$0.000000	3,278	29 Jun 2021	Common Stock	7,311	$41.49	Direct	F1, F4
transaction	CRUS	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-9,771	-100%	$0.000000^*	0	29 Jun 2021	Common Stock	9,771	$54.65	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on February 22, 2021.
F2	Only vested shares can be exercised under this option. 25% of the shares vested on 11/02/17; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 11/02/20.
F3	Only vested shares can be exercised under this option. 25% of the shares vested on 10/03/13; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 10/03/16.
F4	Only vested shares can be exercised under this option. 25% of the shares vested on 11/07/19; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 11/07/22.