CIRRUS LOGIC INC 4
4 · CIRRUS LOGIC INC · Filed Jul 31, 2014
Insider Transaction Report
Form 4
CIRRUS LOGIC INCCRUS
Turk Timothy R
VP Sales
Transactions
- Exercise/Conversion
Common Stock
2014-07-29$5.55/sh+10,000$55,500→ 10,000 total - Sale
Common Stock
2014-07-29$23.19/sh−10,000$231,942→ 0 total - Exercise/Conversion
Incentive Stock Option (right to buy)
2014-07-29−10,000→ 7,744 totalExercise: $5.55From: 2010-10-07Exp: 2019-10-07→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.19 to $23.20. 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.
- [F2]25% of the shares became exercisable on 10/7/10. The remaining 75% of the shares vested and became exercisable over the following 36 months so that the option was fully vested on 10/7/13.