SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
 Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Dougherty Justin E
(Last) (First) (Middle)
800 WEST 6TH STREET
(Street)
AUSTIN TX 78701
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CIRRUS LOGIC, INC. [ CRUS ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, Global Operations
3. Date of Earliest Transaction (Month/Day/Year)
08/09/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/09/2024 S 1,000 D $131.6929(1) 4,838 D
Common Stock 08/09/2024 M 6,492 A $78 11,330 D
Common Stock 08/09/2024 S 6,492 D $131.7065(2) 4,838 D
Common Stock 08/09/2024 M 663 A $68.56 5,501 D
Common Stock 08/09/2024 S 663 D $131.7065(2) 4,838 D
Common Stock 08/09/2024 M 1,194 A $68.56 6,032 D
Common Stock 08/09/2024 S 1,194 D $131.7065(2) 4,838 D
Common Stock 08/09/2024 M 854 A $78 5,692 D
Common Stock 08/09/2024 S 854 D $131.7065(2) 4,838 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $78 08/09/2024 M 6,492 (3) 03/03/2031 Common Stock 6,492 $0 289 D
Non-Qualified Stock Option (right to buy) $68.56 08/09/2024 M 663 (4) 11/06/2029 Common Stock 663 $0 0 D
Incentive Stock Option (right to buy) $68.56 08/09/2024 M 1,194 (4) 11/06/2029 Common Stock 1,194 $0 0 D
Incentive Stock Option (right to buy) $78 08/09/2024 M 854 (3) 03/03/2031 Common Stock 854 $0 966 D
Explanation of Responses:
1. 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.
2. 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. 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.
4. 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.
Remarks:
By: Gregory Scott Thomas attorney-in-fact For: Justin E. Dougherty 08/13/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
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