CIRRUS LOGIC INC 4

Accession 0000772406-13-000026

$CRUSCIK 0000772406operating

View on SEC.gov Company Profile

Filed

Oct 30, 8:00 PM ET

Accepted

Oct 31, 8:49 PM ET

Size

44.8 KB

Accession

0000772406-13-000026

Insider Transaction Report

Form 4

Period: 2013-10-06

CIRRUS LOGIC INCCRUS

Turk Timothy R

VP Sales

Transactions

Exercise/Conversion
Common Stock
2013-10-06+12,500→ 12,500 total
Exercise/Conversion
Common Stock
2013-10-29$5.25/sh+1,167$6,127→ 10,248 total
Sale
Common Stock
2013-10-29$24.84/sh−1,456$36,166→ 9,081 total
Exercise/Conversion
Common Stock
2013-10-29$5.55/sh+10,000$55,500→ 19,081 total
Exercise/Conversion
Common Stock
2013-10-29$5.55/sh+10,000$55,500→ 19,081 total
Sale
Common Stock
2013-10-29$25.00/sh−17,771$444,275→ 9,081 total
Exercise/Conversion
Common Stock
2013-10-29$5.55/sh+1,456$8,081→ 10,537 total
Sale
Common Stock
2013-10-29$24.84/sh−1,811$44,985→ 9,081 total
Sale
Common Stock
2013-10-29$24.85/sh−10,000$248,480→ 9,081 total
Sale
Common Stock
2013-10-29$24.84/sh−10,000$248,366→ 9,081 total
Exercise/Conversion
Common Stock
2013-10-29$5.55/sh+10,000$55,500→ 19,081 total
Sale
Common Stock
2013-10-29$25.00/sh−10,000$250,000→ 9,081 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2013-10-29−10,000→ 20,000 total
Exercise: $5.55From: 2010-10-07Exp: 2019-10-07→ Common Stock (10,000 underlying)
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2013-10-29−10,000→ 0 total
Exercise: $5.55From: 2010-10-07Exp: 2019-10-07→ Common Stock (10,000 underlying)
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2013-10-29−17,771→ 848 total
Exercise: $16.25From: 2011-10-06Exp: 2020-10-06→ Common Stock (17,771 underlying)
Exercise/Conversion
Restricted Stock Units
2013-10-06−12,500→ 29,500 total
From: 2013-10-06→ Common Stock (12,500 underlying)
Tax Payment
Common Stock
2013-10-06−3,419→ 9,081 total
Sale
Common Stock
2013-10-29$24.84/sh−1,167$28,984→ 9,081 total
Exercise/Conversion
Common Stock
2013-10-29$5.55/sh+1,811$10,051→ 10,892 total
Exercise/Conversion
Common Stock
2013-10-29$16.25/sh+17,771$288,779→ 26,852 total
Sale
Common Stock
2013-10-29$24.82/sh−9,081$225,382→ 0 total
Exercise/Conversion
Incentive Stock Option (right to buy)
2013-10-29−1,456→ 17,744 total
Exercise: $5.55From: 2010-10-07Exp: 2019-10-07→ Common Stock (1,456 underlying)
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2013-10-29−10,000→ 10,000 total
Exercise: $5.55From: 2010-10-07Exp: 2019-10-07→ Common Stock (10,000 underlying)
Exercise/Conversion
Incentive Stock Option (right to buy)
2013-10-29−1,167→ 0 total
Exercise: $5.25From: 2009-10-01Exp: 2018-10-01→ Common Stock (1,167 underlying)
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2013-10-29−1,811→ 30,000 total
Exercise: $5.55From: 2010-10-07Exp: 2019-10-07→ Common Stock (1,811 underlying)

Footnotes (7)

[F1]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.
[F2]These transactions were effected pursuant to a Rule 10b5-1 Plan adopted by the reporting person on August 26, 2013.
[F3]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.
[F4]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.
[F5]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.
[F6]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.
[F7]Expiration date of 10/06/2013

Documents

1 file

4
edgardoc.xmlPrimary
PRIMARY DOCUMENT

Issuer

CIRRUS LOGIC INC

CIK 0000772406

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0000772406

Filing Metadata

Form type: 4
Filed: Oct 30, 8:00 PM ET
Accepted: Oct 31, 8:49 PM ET
Size: 44.8 KB

View on SEC.gov