| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CRUS | Incentive Stock Option (right to buy) | Award | $0 | +1.14K | $0.00 | 1.14K | Mar 2, 2022 | Common Stock | 1.14K | $88.00 | Direct | F1 | |
| transaction | CRUS | Non-Qualified Stock Option (right to buy) | Award | $0 | +38.5K | $0.00 | 38.5K | Mar 2, 2022 | Common Stock | 38.5K | $88.00 | Direct | F1 | |
| transaction | CRUS | Performance Shares | Award | $0 | +13.7K | +121.4% | $0.00 | 25.1K | Mar 2, 2022 | Common Stock | 13.7K | Direct | F2 | |
| transaction | CRUS | Restricted Stock Units | Award | $0 | +17K | +48.72% | $0.00 | 52K | Mar 2, 2022 | Common Stock | 17K | Direct | F3, F4 |
| Id | Content |
|---|---|
| F1 | Only vested shares can be exercised under this option. 25% of the shares will vest on 3/2/23; the remaining shares will vest monthly over the following 36 months so that the option will be fully vested and exercisable on 3/2/26. |
| F2 | Each Performance-based Restricted Stock Unit (?PBRSU?) 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 PBRSUs 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 March 2, 2022, and ending on March 2, 2025. |
| F3 | Each restricted stock unit represents a contingent right to receive one share of Cirrus Logic common stock. |
| F4 | 100% of the restricted stock units will vest on 3/2/25, the 3-year anniversary of the grant date. |