Brennan Gregory L 4
4 · CIRRUS LOGIC INC · Filed Oct 7, 2011
Insider Transaction Report
Form 4
CIRRUS LOGIC INCCRUS
Brennan Gregory L
VP and GM, Apex Precision Pwr.
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2011-10-05+25,000→ 25,000 totalExercise: $15.41Exp: 2021-10-05→ Common Stock (25,000 underlying) - Award
Restricted Stock Units
2011-10-05+12,500→ 25,000 total→ Common Stock (12,500 underlying)
Footnotes (3)
- [F1]Only vested shares can be exercised under this option. 25% of the shares will vest on 10/5/2012; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 10/5/2015.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
- [F3]100% of the restricted stock units will vest on 10/5/2014, the 3-year anniversary of the grant date.