0001273902-16-000282.txt : 20161104
0001273902-16-000282.hdr.sgml : 20161104
20161104203729
ACCESSION NUMBER: 0001273902-16-000282
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161102
FILED AS OF DATE: 20161104
DATE AS OF CHANGE: 20161104
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CIRRUS LOGIC INC
CENTRAL INDEX KEY: 0000772406
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 770024818
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: 800 WEST 6TH STREET
CITY: AUSTIN
STATE: TX
ZIP: 78701
BUSINESS PHONE: 512-851-4000
MAIL ADDRESS:
STREET 1: 800 WEST 6TH STREET
CITY: AUSTIN
STATE: TX
ZIP: 78701
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: THOMAS SCOTT
CENTRAL INDEX KEY: 0001273902
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-17795
FILM NUMBER: 161976366
MAIL ADDRESS:
STREET 1: C/O CIRRUS LOGIC INC
STREET 2: 800 WEST 6TH STREET
CITY: AUSTIN
STATE: TX
ZIP: 78701
4
1
edgardoc.xml
PRIMARY DOCUMENT
X0306
4
2016-11-02
0
0000772406
CIRRUS LOGIC INC
CRUS
0001273902
THOMAS SCOTT
800 WEST 6TH STREET
AUSTIN
TX
78701
0
1
0
0
VP General Counsel
Common Stock
2016-11-04
4
S
0
14169.0
55.0042
D
19110
D
Common Stock
2016-11-04
4
M
0
6153.0
16.25
A
25263
D
Incentive Stock Option (right to buy)
16.25
2016-11-04
4
M
0
6153.0
0.0
D
2020-10-06
Common Stock
6153
0
D
Incentive Stock Option (right to buy)
54.65
2016-11-02
4
A
0
3239.0
0.0
A
2026-11-02
Common Stock
3239
3239
D
Non-Qualified Stock Option (right to buy)
54.65
2016-11-02
4
A
0
10261.0
0.0
A
2026-11-02
Common Stock
10261
10261
D
Performance Shares
2016-11-02
4
A
0
3400.0
0.0
A
Common Stock
3400
9039
D
Restricted Stock Units
2016-11-02
4
A
0
4500.0
0.0
A
Common Stock
4500
24500
D
This transaction was made pursuant to a Rule 10b5-1 Plan adopted by the reporting person on August 9, 2016.
The price reported in Table I - Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.31 to $55.20. The reporting person will provide full information regarding the number of shares bought as 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.
Only vested shares can be exercised under this option. 25% of the shares will vest on 10/6/11; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 10/6/14.
Only vested shares can be exercised under this option. 25% of the shares will vest on 11/2/17; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 11/2/20.
Each Performance-based Restricted Stock Unit ("RSU's") 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 performance-based RSU's 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 November 2, 2016, and ending on November 2, 2019.
Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock.
100% of the restricted stock units will vest on 11/2/19, the 3-year anniversary of the grant date.
Gregory Scott Thomas
2016-11-04