GRAY GERALD R 4
4 · CIRRUS LOGIC INC · Filed Aug 19, 2005
Insider Transaction Report
Form 4
CIRRUS LOGIC INCCRUS
GRAY GERALD R
Senior Vice President,
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2005-08-17−5,000→ 30,415 totalExercise: $2.60Exp: 2013-02-26→ Common Stock (5,000 underlying) - Sale
Common Stock
2005-08-17$7.59/sh−5,000$37,958→ 416 total - Exercise/Conversion
Common Stock
2005-08-17$2.60/sh+5,000$13,000→ 5,416 total
Holdings
- 50(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]Shares held in name of Reporting Person's spouse and treated as community property.
- [F2]Only vested shares can be exercised under this option. The vesting schedule is 25% of the shares granted were fully vested and exercisable on 2/26/04; the remaining shares exercisable under the option vest monthly over the next thirty-six (36) months so that the shares are fully vested on 2/26/07.