Nathamuni Venkatesh 4

4 · CIRRUS LOGIC, INC. · Filed Feb 9, 2024

Form 4

Period: 2024-02-07

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 total
Exercise: $82.81Exp: 2032-05-04→ Common Stock (500 underlying)
Award
Incentive Stock Option (right to buy)
2024-02-08+1,072→ 1,072 total
Exercise: $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 total
Exercise: $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.

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