4//SEC Filing
Hughes Allan 4
Accession 0001273902-23-000016
CIK 0000772406other
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 6:05 PM ET
Size
10.1 KB
Accession
0001273902-23-000016
Insider Transaction Report
Form 4
Hughes Allan
Vice President
Transactions
- Award
Restricted Stock Units
2023-02-06+2,280→ 8,329 total→ Common Stock (2,280 underlying) - Award
Performance Shares
2023-02-06+1,642→ 6,045 total→ Common Stock (1,642 underlying) - Award
Non-Qualified Stock Option (right to buy)
2023-02-06+5,304→ 5,304 totalExercise: $102.37Exp: 2033-02-06→ Common Stock (5,304 underlying)
Footnotes (4)
- [F1]Only vested shares can be exercised under this option. 25% of the shares will vest annually so that the option will be fully vested and exercisable on 2/6/27.
- [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 February 6, 2023, and ending on February 6, 2026.
- [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 2/6/26, 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
- Feb 7, 7:00 PM ET
- Accepted
- Feb 8, 6:05 PM ET
- Size
- 10.1 KB