Filing Details

Accession Number:
0000772406-13-000026
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-10-31 20:49:03
Reporting Period:
2013-10-06
Filing Date:
2013-10-31
Accepted Time:
2013-10-31 20:49:03
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
772406 Cirrus Logic Inc CRUS Semiconductors & Related Devices (3674) 770024818
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1411061 R Timothy Turk 800 West 6Th Street
Austin TX 78701
Vp Worldwide Sales No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-10-06 12,500 $0.00 12,500 No 4 M Direct
Common Stock Disposition 2013-10-06 3,419 $0.00 9,081 No 4 F Direct
Common Stock Acquisiton 2013-10-29 1,167 $5.25 10,248 No 4 M Direct
Common Stock Disposition 2013-10-29 1,167 $24.84 9,081 No 4 S Direct
Common Stock Acquisiton 2013-10-29 1,456 $5.55 10,537 No 4 M Direct
Common Stock Disposition 2013-10-29 1,456 $24.84 9,081 No 4 S Direct
Common Stock Acquisiton 2013-10-29 1,811 $5.55 10,892 No 4 M Direct
Common Stock Disposition 2013-10-29 1,811 $24.84 9,081 No 4 S Direct
Common Stock Acquisiton 2013-10-29 10,000 $5.55 19,081 No 4 M Direct
Common Stock Disposition 2013-10-29 10,000 $24.85 9,081 No 4 S Direct
Common Stock Acquisiton 2013-10-29 10,000 $5.55 19,081 No 4 M Direct
Common Stock Disposition 2013-10-29 10,000 $24.84 9,081 No 4 S Direct
Common Stock Acquisiton 2013-10-29 10,000 $5.55 19,081 No 4 M Direct
Common Stock Disposition 2013-10-29 10,000 $25.00 9,081 No 4 S Direct
Common Stock Acquisiton 2013-10-29 17,771 $16.25 26,852 No 4 M Direct
Common Stock Disposition 2013-10-29 17,771 $25.00 9,081 No 4 S Direct
Common Stock Disposition 2013-10-29 9,081 $24.82 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Incentive Stock Option (right to buy) Disposition 2013-10-29 1,167 $0.00 1,167 $5.25
Common Stock Incentive Stock Option (right to buy) Disposition 2013-10-29 1,456 $0.00 1,456 $5.55
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2013-10-29 1,811 $0.00 1,811 $5.55
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2013-10-29 10,000 $0.00 10,000 $5.55
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2013-10-29 10,000 $0.00 10,000 $5.55
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2013-10-29 10,000 $0.00 10,000 $5.55
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2013-10-29 17,771 $0.00 17,771 $16.25
Common Stock Restricted Stock Units Disposition 2013-10-06 12,500 $0.00 12,500 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2009-10-01 2018-10-01 No 4 M Direct
17,744 2010-10-07 2019-10-07 No 4 M Direct
30,000 2010-10-07 2019-10-07 No 4 M Direct
20,000 2010-10-07 2019-10-07 No 4 M Direct
10,000 2010-10-07 2019-10-07 No 4 M Direct
0 2010-10-07 2019-10-07 No 4 M Direct
848 2011-10-06 2020-10-06 No 4 M Direct
29,500 2013-10-06 No 4 M Direct
Footnotes
  1. Each restricted stock unit was the economic equivalent of one share of common stock. The restricted stock unit vested on October 6, 2013, and the Company withheld sufficient shares for payment of required tax liabilities.
  2. These transactions were effected pursuant to a Rule 10b5-1 Plan adopted by the reporting person on August 26, 2013.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.84 to $25.00. The reporting person will provide full information regarding the number of shares sold at 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.
  4. Only vested shares can be exercised under this option. 25% of the shares vested on 10/6/11; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 10/6/14.
  5. 25% of the shares became exercisable on 10/1/09. The remaining 75% of the shares vested and became exercisable over the following 36 months so that the option was fully vested on 10/1/13.
  6. Only vested shares can be exercised under this option. 25% of the shares vested and became exercisable on 10/7/10; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 10/7/13.
  7. Expiration date of 10/06/2013