Hughes Allan 4

4 · CIRRUS LOGIC, INC. · Filed Mar 3, 2022

Form 4

Period: 2022-03-02

Vice President

Transactions

Award
Restricted Stock Units
2022-03-02+2,652→ 9,349 total
→ Common Stock (2,652 underlying)
Award
Non-Qualified Stock Option (right to buy)
2022-03-02+6,162→ 6,162 total
Exercise: $88.00Exp: 2032-03-02→ Common Stock (6,162 underlying)
Award
Performance Shares
2022-03-02+2,138→ 7,043 total
→ Common Stock (2,138 underlying)

Footnotes (4)

[F1]Only vested shares can be exercised under this option. 25% of the shares will vest on 3/2/23; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 3/2/26.
[F2]Each Performance-based Restricted Stock Unit (?PBRSU?) represents the right to receive, following vesting, up to 200% of one share of Cirrus Logic, Inc. common stock. The resulting number of shares of common stock acquired upon vesting of the PBRSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three-year performance period beginning on March 2, 2022, and ending on March 2, 2025.
[F3]Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
[F4]100% of the restricted stock units will vest on 3/2/25, the 3-year anniversary of the grant date.

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