LE DUY LOAN T 4
4 · CIRRUS LOGIC, INC. · Filed Aug 1, 2023
Insider Transaction Report
Form 4
LE DUY LOAN T
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2023-07-28+6,134→ 6,134 totalExercise: $81.54Exp: 2033-07-28→ Common Stock (6,134 underlying) - Award
Restricted Stock Units
2023-07-28+2,575→ 2,575 total→ Common Stock (2,575 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
- [F2]Restricted Stock Units granted upon her first election to the Cirrus Logic, Inc. Board of Directors.
- [F3]100% of the restricted stock units will vest on the earlier of: (a) the date of the Company's next Annual Meeting or (b) on 07/28/24, the 1-year anniversary of the grant date.
- [F4]Only vested shares can be exercised under this option. 25% of the shares will vest and become exercisable on 07/28/24; the remaining shares will vest monthly thereafter over the following 36 months so that the option is fully vested and exercisable on 07/28/27.