SCHUELE ALAN R 4
4 · CIRRUS LOGIC, INC. · Filed Jul 30, 2021
Insider Transaction Report
Form 4
SCHUELE ALAN R
Director
Transactions
- Exercise/Conversion
Common Stock
2021-07-28$15.31/sh+5,000$76,550→ 27,965 total - Sale
Common Stock
2021-07-28$83.29/sh−5,000$416,465→ 22,965 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2021-07-28−5,000→ 0 totalExercise: $15.31Exp: 2021-07-28→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on February 5, 2021.
- [F2]The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.82 to $83.71. 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.
- [F3]Only vested shares can be exercised under this option. 25% of the shares vested on 07/28/12; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 07/28/15.