Filing Details

Accession Number:
0001273902-16-000254
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-11-02 18:53:44
Reporting Period:
2016-10-31
Filing Date:
2016-11-02
Accepted Time:
2016-11-02 18:53:44
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
1319016 Jodee Benson 800 West 6Th Street
Austin TX 78701
Vp, Chief Culture Officer 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 2016-10-31 16,000 $5.55 36,843 No 4 M Direct
Common Stock Disposition 2016-10-31 16,000 $54.30 20,843 No 4 S Direct
Common Stock Acquisiton 2016-10-31 6,381 $16.25 27,224 No 4 M Direct
Common Stock Disposition 2016-10-31 6,381 $54.35 20,843 No 4 S Direct
Common Stock Acquisiton 2016-10-31 18,619 $16.25 39,462 No 4 M Direct
Common Stock Disposition 2016-10-31 18,619 $54.30 20,843 No 4 S Direct
Common Stock Acquisiton 2016-10-31 25,000 $15.41 45,843 No 4 M Direct
Common Stock Disposition 2016-10-31 25,000 $54.30 20,843 No 4 S Direct
Common Stock Acquisiton 2016-10-31 10,062 $20.37 30,905 No 4 M Direct
Common Stock Disposition 2016-10-31 10,062 $54.31 20,843 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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
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 2016-10-31 6,381 $0.00 6,381 $16.25
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2016-10-31 16,000 $0.00 16,000 $5.55
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2016-10-31 25,000 $0.00 25,000 $15.41
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2016-10-31 18,619 $0.00 18,619 $16.25
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2016-10-31 10,062 $0.00 10,062 $20.37
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2020-10-06 No 4 M Direct
0 2019-10-07 No 4 M Direct
0 2021-10-05 No 4 M Direct
0 2020-10-06 No 4 M Direct
7,534 2024-10-01 No 4 M Direct
Footnotes
  1. This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on August 15, 2016.
  2. The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.87 to $54.97. 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.
  3. The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.86 to $54.97. 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.
  4. The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.86 to $54.97. 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.
  5. The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.86 to $54.97. 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.
  6. The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.86 to $54.79. 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.
  7. The option vested on a 4-year schedule: 25% of the shares became exercisable on 10/06/2011; the remaining 75% of the shares vested at a rate of 1/36th per month over the following 36 months so that the option was fully vested and exercisable on 10/06/2014. Only vested shares can be exercised under this option.
  8. The option vested on a 4-year schedule: 25% of the shares became exercisable on 10/07/2010; the remaining 75% of the shares vested at a rate of 1/36th per month over the following 36 months so that the option was fully vested and exercisable on 10/07/2013. Only vested shares can be exercised under this option.
  9. The option vested on a 4-year schedule: 25% of the shares became exercisable on 10/05/2012; the remaining 75% of the shares vested at a rate of 1/36th per month over the following 36 months so that the option was fully vested and exercisable on 10/05/2015 Only vested shares can be exercised under this option.
  10. The option vests on a 4-year schedule: 25% of the shares became exercisable on 10/01/2015; the remaining 75% of the shares will vest at a rate of 1/36th per month over the following 36 months so that the option will be fully vested and exercisable on 10/01/2018. Only vested shares can be exercised under this option.