4//SEC Filing
Nathamuni Venkatesh 4
Accession 0001273902-24-000002
CIK 0000772406other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 5:30 PM ET
Size
20.3 KB
Accession
0001273902-24-000002
Insider Transaction Report
Form 4
Nathamuni Venkatesh
Chief Financial Officer
Transactions
- Sale
Common Stock
2024-02-07$90.01/sh−500$45,005→ 2,087 total - Sale
Common Stock
2024-02-08$95.00/sh−500$47,500→ 1,587 total - Exercise/Conversion
Common Stock
2024-02-08$82.81/sh+500$41,405→ 2,087 total - Sale
Common Stock
2024-02-08$95.00/sh−500$47,500→ 1,587 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2024-02-08−500→ 15,504 totalExercise: $82.81Exp: 2032-05-04→ Common Stock (500 underlying) - Award
Incentive Stock Option (right to buy)
2024-02-08+1,072→ 1,072 totalExercise: $93.24Exp: 2034-02-08→ Common Stock (1,072 underlying) - Award
Non-Qualified Stock Option (right to buy)
2024-02-08+11,507→ 11,507 totalExercise: $93.24Exp: 2034-02-08→ Common Stock (11,507 underlying) - Award
Performance Shares
2024-02-08+3,535→ 8,831 total→ Common Stock (3,535 underlying) - Award
Restricted Stock Units
2024-02-08+5,363→ 15,464 total→ Common Stock (5,363 underlying)
Footnotes (6)
- [F1]This transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on May 26, 2023.
- [F2]Only vested shares can be exercised under this option. 25% of the shares will vest on 5/4/23; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 5/4/26.
- [F3]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 02/08/28.
- [F4]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 8, 2024, and ending on February 8, 2027.
- [F5]Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
- [F6]100% of the restricted stock units will vest on 2/8/27, the 3-year anniversary of the grant date.
Documents
Issuer
CIRRUS LOGIC, INC.
CIK 0000772406
Entity typeother
Related Parties
1- filerCIK 0001924898
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 5:30 PM ET
- Size
- 20.3 KB