Form 4 for CRUS CIRRUS LOGIC, INC.
Accepted 2023-05-08 00:00:00 ET · period of report 2023-05-04 · accession 0001273902-23-000036 · 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 | 2023-05-08 | 2023-05-04 | CRUS | Nathamuni Venkatesh | CFO | M - OptEx | $0.00 | +3,421 | 3,421 | New | $0 |
| D | 2023-05-08 | 2023-05-04 | CRUS | Nathamuni Venkatesh | CFO | F - Tax | $83.00 | -834 | 2,587 | -24% | -$69.2K |
| D | 2023-05-08 | 2023-05-04 | CRUS | Nathamuni Venkatesh | CFO | M - OptEx | $0.00 | -3,421 | 10.1K | -25% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-05-04 | M | A | 3,421 | $0.00 | 3,421 | D | — | — | |
| 2 | Common | Common Stock | 2023-05-04 | F | D | 834 | $83.00 | 2,587 | D | — | — | (F1) No shares were sold; these shares were withheld to satisfy tax withholding requirements. |
| 3 | Derivative | Restricted Stock Units | 2023-05-04 | M | D | 3,421 | $0.00 | 10,101 | D | — · 2023-05-04 to — | 3,421 Common Stock | (F2) Each restricted stock unit was the economic equivalent of one share of common stock. The restricted stock unit vested on May 4, 2023, and the Company withheld sufficient shares for payment of required tax withholdings. (F3) The reporting person was granted 10,265 restricted stock units on 5/4/2022, subject to vesting one-third annually on the anniversary of the grant. The one-third reported here vested on 5/4/2023, the next one-third is scheduled to vest on 5/4/2024, and the final one-third is scheduled to vest on 5/4/2025. |