Form 4 for CRUS CIRRUS LOGIC, INC.
Accepted 2022-01-05 00:00:00 ET · period of report 2022-01-03 · accession 0001273902-22-000002 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-01-05 | 2022-01-03 | CRUS | Baumgartner Jeffrey W | VP, R, D | M - OptEx | $38.34 | +20.0K | 23.1K | +649% | +$766.8K |
| D | 2022-01-05 | 2022-01-03 | CRUS | Baumgartner Jeffrey W | VP, R, D | S - Sale+OE | $93.35 | -20.0K | 3,083 | -87% | -$1.87M |
| D | 2022-01-05 | 2022-01-03 | CRUS | Baumgartner Jeffrey W | VP, R, D | M - OptEx | $0.00 | -20.0K | 27.4K | -42% | $0 |
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-01-03 | M | A | 20,000 | $38.34 | 23,083 | D | — | — | |
| 2 | Common | Common Stock | 2022-01-03 | S | D | 20,000 | $93.35 | 3,083 | D | — | — | (F2) The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.97 to $94.07. 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. |
| 3 | Derivative | Non-Qualified Stock Option (right to buy) | 2022-01-03 | M | D | 20,000 | $0.00 | 27,391 | D | $38.34 · — to 2028-05-02 | 20,000 Common Stock | (F3) Only vested shares can be exercised under this option. 25% of the shares vested on 05/02/19; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 05/02/22. |