Tupman David J. 4
4 · CIRRUS LOGIC, INC. · Filed Jun 3, 2024
Insider Transaction Report
Form 4
Tupman David J.
Director
Transactions
- Exercise/Conversion
Common Stock
2024-05-30$33.38/sh+10,346$345,349→ 32,065 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2024-05-30−10,346→ 5,000 totalExercise: $33.38Exp: 2025-07-29→ Common Stock (10,346 underlying) - Sale
Common Stock
2024-05-30$114.52/sh−10,346$1,184,824→ 21,719 total
Footnotes (3)
- [F1]This transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 12, 2024.
- [F2]The price reported in Table I - Column 4 is a weighted average price. These shares were sold in two separate transactions, each having a weighted average price of $114.52 at pricing ranging from $113.903 to $115.470. The reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to any security holder of Cirrus Logic, Inc. or the staff of the SEC upon request.
- [F3]Only vested shares can be exercised under this option. 25% of the shares vested on 07/29/16; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 07/29/19.