secwatch.observer — SEC 8-K summary
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Issuer:     CIRRUS LOGIC, INC. (CRUS)
CIK:        0000772406
Form:       8-K
Filed at:   2022-04-12T23:59:59+00:00
Accession:  0000772406-22-000011
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cirrus Logic appoints Venk Nathamuni as CFO; Thurman Case to retire in Nov 2022
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- Venkatesh Nathamuni appointed CFO effective April 18, 2022.
- Compensation includes $450k salary, $150k hiring bonus, and up to $250k for relocation.
- Equity grants: $850k stock options (3yr vest), $850k RSUs (3yr), $300k PBRSUs (0-200% target).
- Retiring CFO Thurman Case steps down April 18, remains advisor until November 11, 2022.
- Case retains base salary, equity vesting, and bonus eligibility during transition period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/772406/000077240622000011/0000772406-22-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/772406/000077240622000011/crus-20220412.htm
  HTML page:      https://secwatch.observer/filing/0000772406-22-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer