Sec Form 4 Filing - ANDERSON SCOTT ARNOLD @ CIRRUS LOGIC INC - 2017-05-15

Every director, officer or owner of more than ten percent of a class of equity securities registered under Section 12 of the '34 Act must file with the U.S. Securities and Exchange Commission (SEC) a statement of ownership regarding such security.

"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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The following is an SEC EDGAR document rendered as filed.
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
ANDERSON SCOTT ARNOLD
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)
VP & GM Audio Division
(Last)
(First)
(Middle)
800 WEST 6TH STREET
3. Date of Earliest Transaction (MM/DD/YY)
05/15/2017
(Street)
AUSTIN, TX78701
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 05/15/2017 M 10,500 A $ 20.37 24,432 D
Common Stock 05/15/2017 S 10,500 D $ 64.1659 ( 1 ) 13,932 D
Common Stock 05/15/2017 S 6,966 D $ 64.2409 6,966 D
Common Stock 05/16/2017 M 5,000 A $ 15.41 11,966 D
Common Stock 05/16/2017 S 5,000 D $ 66.0885 ( 2 ) 6,966 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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) $ 15.41 05/16/2017 M 5,000 ( 3 ) 10/05/2021 Common Stock 5,000 $ 0 0 D
Non-Qualified Stock Option (right to buy) $ 20.37 05/15/2017 M 10,500 ( 4 ) 10/01/2024 Common Stock 10,500 $ 0 3,591 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ANDERSON SCOTT ARNOLD
800 WEST 6TH STREET
AUSTIN, TX78701
VP & GM Audio Division
Signatures
By: Gregory Scott Thomas attorney-in-fact For: Scott A. Anderson 05/17/2017
** Signature of Reporting Person Date
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 $64.10 to $64.27. 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.
( 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 $66.0801 to $66.09. 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.
( 3 )Only vested shares can be exercised under this option. 25% of the shares vested on 10/05/2012; the remaining shares vest monthly over the following 36 months so that the options were fully vested and exercisable on 10/05/2015
( 4 )Only vested shares can be exercised under this option. 25% of the shares vested on 10/01/2015; the remaining shares vest monthly over the following 36 months so that the option will be fully vested and exercisable on 10/01/2018

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.
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