Filing Details

Accession Number:
0001273902-16-000289
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-11-09 17:38:34
Reporting Period:
2016-11-07
Filing Date:
2016-11-09
Accepted Time:
2016-11-09 17:38:34
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
1310422 P Jason Rhode 800 West 6Th Street
Austin TX 78701
President & Ceo Yes 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 2016-11-07 86,982 $5.55 234,077 No 4 M Direct
Common Stock Disposition 2016-11-07 86,982 $55.69 147,095 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 Non-Qualified Stock Option (right to buy) Disposition 2016-11-07 86,982 $0.00 86,982 $5.55
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2019-10-07 No 4 M Direct
Footnotes
  1. This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on November 24, 2015, as amended on May 31, 2016 and August 23, 2016. All transactions under the plan have been executed and the Rule 10b5-1 plan terminated as of November 7, 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 $55.19 to $56.05. The reporting person will provide full information regarding the number of shares bought 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.
  3. Dr. Rhode continues to beneficially own 690,326 shares, which includes 543,231 shares issuable upon exercise of vested stock options held by Dr. Rhode and 147,095 shares held directly.
  4. The option vested on a 4-year schedule: 25% of the shares became exercisable on 10/7/2010; 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 10/7/2013. Only vested shares can be exercised under this option.