Form 4 for CRUS CIRRUS LOGIC, INC.
Accepted 2024-08-13 00:00:00 ET · period of report 2024-08-09 · accession 0001273902-24-000070 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-08-13 | 2024-08-09 | CRUS | Dougherty Justin E | SVP, Gbl Ops | M - OptEx | $76.10 | +9,203 | 5,501 | New | +$700.3K |
| DM | 2024-08-13 | 2024-08-09 | CRUS | Dougherty Justin E | SVP, Gbl Ops | S - Sale+OE | $131.71 | -10.2K | 4,838 | -68% | -$1.34M |
| DM | 2024-08-13 | 2024-08-09 | CRUS | Dougherty Justin E | SVP, Gbl Ops | M - OptEx | $0.00 | -9,203 | 0 | -100% | $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 | 2024-08-09 | M | A | 1,194 | $68.56 | 6,032 | D | — | — | |
| 2 | Common | Common Stock | 2024-08-09 | S | D | 1,194 | $131.71 | 4,838 | 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 $130.8700 to $132.6650. 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 | Common | Common Stock | 2024-08-09 | M | A | 854 | $78.00 | 5,692 | D | — | — | |
| 4 | Common | Common Stock | 2024-08-09 | S | D | 854 | $131.71 | 4,838 | 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 $130.8700 to $132.6650. 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. |
| 5 | Common | Common Stock | 2024-08-09 | S | D | 6,492 | $131.71 | 4,838 | 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 $130.8700 to $132.6650. 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. |
| 6 | Common | Common Stock | 2024-08-09 | S | D | 663 | $131.71 | 4,838 | 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 $130.8700 to $132.6650. 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. |
| 7 | Common | Common Stock | 2024-08-09 | S | D | 1,000 | $131.69 | 4,838 | D | — | — | (F1) The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $131.0150 to $132.4650. 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. |
| 8 | Common | Common Stock | 2024-08-09 | M | A | 6,492 | $78.00 | 11,330 | D | — | — | |
| 9 | Common | Common Stock | 2024-08-09 | M | A | 663 | $68.56 | 5,501 | D | — | — | |
| 10 | Derivative | Incentive Stock Option (right to buy) | 2024-08-09 | M | D | 854 | $0.00 | 966 | D | $78.00 · — to 2031-03-03 | 854 Common Stock | (F3) Only vested shares can be exercised under this option. 25% of the shares vested and became exercisable on 03/03/22; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 03/03/25. |
| 11 | Derivative | Non-Qualified Stock Option (right to buy) | 2024-08-09 | M | D | 6,492 | $0.00 | 289 | D | $78.00 · — to 2031-03-03 | 6,492 Common Stock | (F3) Only vested shares can be exercised under this option. 25% of the shares vested and became exercisable on 03/03/22; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 03/03/25. |
| 12 | Derivative | Incentive Stock Option (right to buy) | 2024-08-09 | M | D | 1,194 | $0.00 | 0 | D | $68.56 · — to 2029-11-06 | 1,194 Common Stock | (F4) Only vested shares can be exercised under this option. 25% of the shares vested and became exercisable on 11/06/20; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 11/06/23. |
| 13 | Derivative | Non-Qualified Stock Option (right to buy) | 2024-08-09 | M | D | 663 | $0.00 | 0 | D | $68.56 · — to 2029-11-06 | 663 Common Stock | (F4) Only vested shares can be exercised under this option. 25% of the shares vested and became exercisable on 11/06/20; the remaining shares vested monthly over the following 36 months so that the option was fully vested and exercisable on 11/06/23. |