0001273902-19-000014.txt : 20190603 0001273902-19-000014.hdr.sgml : 20190603 20190603172442 ACCESSION NUMBER: 0001273902-19-000014 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190517 FILED AS OF DATE: 20190603 DATE AS OF CHANGE: 20190603 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Baumgartner Jeffrey W CENTRAL INDEX KEY: 0001777830 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-17795 FILM NUMBER: 19874395 MAIL ADDRESS: STREET 1: 800 W. 6TH STREET CITY: AUSTIN STATE: TX ZIP: 78701 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: 0330 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 3 1 edgardoc.xml PRIMARY DOCUMENT X0206 3 2019-05-17 0 0000772406 CIRRUS LOGIC INC CRUS 0001777830 Baumgartner Jeffrey W 800 WEST 6TH STREET AUSTIN TX 78701 0 1 0 0 VP of R&D Common Stock 21770 D Incentive Stock Option (right to buy) 38.34 2028-05-02 Common Stock 2609 D Incentive Stock Option (right to buy) 41.49 2028-11-07 Common Stock 7229 D Non-Qualified Stock Option (right to buy) 38.34 2028-05-02 Common Stock 34891 D Non-Qualified Stock Option (right to buy) 41.49 2028-11-07 Common Stock 5271 D Performance Shares 0.0 2021-05-02 Common Stock 13000 D Performance Shares 0.0 2021-11-07 Common Stock 3100 D Restricted Stock Units 0.0 2019-11-02 Common Stock 9500 D Restricted Stock Units 0.0 2020-11-01 Common Stock 9000 D Restricted Stock Units 0.0 2021-05-02 Common Stock 16500 D Restricted Stock Units 0.0 2021-11-07 Common Stock 4125 D The option vests on a 4-year schedule: 25% of the shares become exercisable on 5/2/2020; the remaining 75% of the shares vests at a rate of 1/36th per month over the next 36 months so that the option will be fully vested and exercisable on 5/2/2023. The option vests on a 4-year schedule: 25% of the shares become exercisable on 11/7/2020; the remaining 75% of the shares vests at a rate of 1/36th per month over the next 36 months so that the option will be fully vested and exercisable on 11/7/2023. Each Performance-based Restricted Stock Unit ("RSUs") 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 RSUs 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 May 2, 2018, and ending on May 2, 2021. Each Performance-based Restricted Stock Unit ("PBRSUs") 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 RSUs 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 7, 2018, and ending on November 7, 2021. 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 the 3-year anniversary of the grant date. By: Gregory Scott Thomas attorney-in-fact For: Jeffrey W Baumgartner 2019-06-03 EX-24 2 baumgartner_poa.txt EDGAR SUPPORTING DOCUMENT POWER OF ATTORNEY The undersigned hereby constitutes and appoints each of Thurman K. Case and Gregory Scott Thomas, signing singly, the undersigned's true and lawful attorney-in-fact to: (1) execute for and on behalf of the undersigned, in the undersigned's capacity as an officer of Cirrus Logic, Inc. (the Company), Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder; (2) do and perform any and all acts for and on behalf of the undersigned that may be necessary or desirable to complete and execute any such Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such form with the Securities and Exchange Commission and any stock exchange or similar authority; and (3) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion. The undersigned hereby grants to each such attorney- in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934 or of any other law or regulation. This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact. IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 29th day of May, 2019. /s/ Jeffrey Baumgartner Jeffrey Baumgartner Signature Jeffrey Baumgartner_ Printed Name