Edgar Filing: CASE THURMAN K

Ownership Submission

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 OF SECURITIES

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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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

CASE THURMAN K

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 and CFO

(Last)

(First)

(Middle)

2901 VIA FORTUNA

3. Date of Earliest Transaction (Month/Day/Year)
07/27/2010

(Street)

AUSTIN, TX 78746

4. If Amendment, Date 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

(City)

(State)

(Zip)

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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/27/2010		M		25,000	A	$ 8.17	25,000	D
Common Stock	07/27/2010		S⁽¹⁾		25,000	D	$ 20.2708	0	D
Common Stock	07/27/2010		M		30,000	A	$ 8.06	30,000	D
Common Stock	07/27/2010		S⁽¹⁾		30,000	D	$ 20.2708	0	D
Common Stock	07/27/2010		M		15,205	A	$ 8.41	15,205	D
Common Stock	07/27/2010		S⁽¹⁾		15,205	D	$ 20.2708	0	D
Common Stock	07/27/2010		M		16,561	A	$ 6.51	16,561	D
Common Stock	07/27/2010		S⁽¹⁾		16,561	D	$ 20.2708	0	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Non-Qualified Stock Option (right to buy)

$ 6.51

07/27/2010

16,561

10/03/2008⁽²⁾

10/03/2017

Common Stock

16,561

$ 20.2708

47,115

Non-Qualified Stock Option (right to buy)

$ 8.06

07/27/2010

30,000

03/01/2007⁽³⁾

03/01/2016

Common Stock

30,000

$ 20.2708

Non-Qualified Stock Option (right to buy)

$ 8.17

07/27/2010

25,000

04/07/2005⁽⁴⁾

04/07/2014

Common Stock

25,000

$ 20.2708

Non-Qualified Stock Option (right to buy)

$ 8.41

07/27/2010

15,205

03/07/2008⁽⁵⁾

03/07/2017

Common Stock

15,205

$ 20.2708

255

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
CASE THURMAN K 2901 VIA FORTUNA AUSTIN, TX 78746			VP and CFO

Signatures

Thurman K. Case		07/29/2010
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	The sales price reported in Column 4 is a weighted average price. Prices range from $20.26 to $20.34.
(2)	25% of the shares became exercisable on 10/3/2008. The remaining 75% of the shares vest and become exercisable monthly over the following 36 months
(3)	25% of the shares became exercisable on 3/1/2007. The remaining 75% of the shares vested monthly over the following 36 months, and all shares were fully vested and exercisable as of 3/1/10.
(4)	25% of the shares became exercisable on 4/7/2005. The remaining 75% of the shares vested monthly over the following 36 months, and all shares were fully vested and exercisable as of 4/7/08.
(5)	25% of the shares became exercisable on 3/7/2008. The remaining 75% of the shares vest and become exercisable monthly over the following 36 months.

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