ANDERSON SCOTT ARNOLD 4
4 · CIRRUS LOGIC, INC. · Filed May 22, 2020
Insider Transaction Report
Form 4
ANDERSON SCOTT ARNOLD
SVP & GM Mixed Signal Audio
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2020-05-20−12,000→ 10,940 totalExercise: $31.25Exp: 2025-11-04→ Common Stock (12,000 underlying) - Exercise/Conversion
Common Stock
2020-05-20$31.25/sh+12,000$375,000→ 15,555 total - Sale
Common Stock
2020-05-20$73.85/sh−12,000$886,213→ 3,555 total
Footnotes (2)
- [F1]The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.79 to $73.98. 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]Only vested shares can be exercised under this option. 25% of the shares vested on 11/4/16; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 11/4/19.