CIRRUS LOGIC, INC. 4
4 · CIRRUS LOGIC, INC. · Filed Mar 7, 2025
Insider Transaction Report
Form 4
CIRRUS LOGIC, INC.
Chief Financial Officer
Transactions
- Award
Performance Shares
2025-03-05+9,274→ 9,274 total→ Common Stock (9,274 underlying) - Award
Restricted Stock Units
2025-03-05+14,233→ 14,233 total→ Common Stock (14,233 underlying) - Award
Restricted Stock Units
2025-03-05+23,722→ 23,722 total→ Common Stock (23,722 underlying)
Footnotes (4)
- [F1]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 March 5, 2025, and ending on March 5, 2028.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
- [F3]50% of the restricted stock units will vest on March 5, 2026, and the remaining shares will vest on March 5, 2027.
- [F4]20% of the restricted stock units will vest on March 5, 2026, 40% will vest on March 5, 2027, and the remaining shares will vest on March 5, 2028.