4//SEC Filing
Hughes Allan 4
Accession 0001273902-22-000019
CIK 0000772406other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 6:14 PM ET
Size
10.1 KB
Accession
0001273902-22-000019
Insider Transaction Report
Form 4
Hughes Allan
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 totalExercise: $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.
Documents
Issuer
CIRRUS LOGIC, INC.
CIK 0000772406
Entity typeother
Related Parties
1- filerCIK 0001617124
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 6:14 PM ET
- Size
- 10.1 KB