Company: CRUS
Filing Date: 2025-06-04
Form Type: DEF 14A
Source: 0000772406-25-000019
Chunk: 73

Company: CIRRUS LOGIC, INC.
Filing Date: 2025-06-04
Form: DEF 14A
Chunk 73
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 |        |     | $ |   466,668 |     |                                                     |           |
|                                                                  |     |           |     | 2/6/2025 |               |     | 2/4/2025   | -PSU             |     |            |           |         |     |                                                                    |         |     |         |           |     |     |  2,235 |     |                                                                |  4,470 |     |     |  8,940 |     |     |     |                                                            |        |     | $ |   466,713 |     |                                                     |           |
|                                                                  |     |           |     |          |               |     |            |                  |     |            | $         |  85,688 |     | $                                                                  | 342,750 |     | $       |   856,875 |     |     |        |     |                                                                |        |     |     |        |     |     |     |                                                            |        |     |   |           |     |                                                     |           |

(1) Annual equity awards to our NEOs other than to Mr. Nathamuni (here, the February 6, 2025 awards) are granted at the close of the market on the second business day following the release of the Company’s third quarter earnings results. The equity awards granted to Mr. Woolard on March 5, 2025, reflect his new-hire equity awards that were granted on the first Monthly Grant Date following the start of his employment.

(2) The amounts reported in these columns reflect potential payment amounts under the Incentive Plan. Actual amounts earned under this plan are reported in the “Non-Equity Incentive Plan Compensation” column of the Fiscal Year 2025 Summary Compensation Table above. Semiannual payments are made under the Incentive Plan only if certain financial prerequisites, such as operating profit margin thresholds, are achieved, as described in further detail in the “ Compensation Discussion and Analysis ” section of this proxy statement. The amounts reported in the “Threshold” column reflect the minimum amount payable assuming achievement of the applicable financial-result thresholds (25% of the target amount). The amounts reported in the “Target” column reflect the target amount payable to each NEO. The amounts reported in the “Maximum” column reflect that maximum amount payable to each NEO (250% of the target amount).

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(3) The amounts reported in these columns reflect the number of units underlying potential payment