SEC Form 4 · accession 0001225208-15-020770
TE Connectivity plc · TEL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J Lynch
Officer — Chairman & CEO · Director
Period of report
Nov 9, 2015
Accepted (ET)
Nov 12, 2015 · 1:58 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001385157
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Nov 10, 2015 | M | 54,067 | $35.0257 | A | 386,706 | D | |
| Common SharesF2 | Nov 10, 2015 | M | 7,608 | $0.00 | A | 394,314 | D | |
| Common Shares | Nov 10, 2015 | F | 3,507 | $65.50 | D | 390,807 | D | |
| Common SharesF4 | Nov 10, 2015 | S | 54,067 | $65.4008 | D | 336,740 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F5 | $65.95 | Nov 9, 2015 | A | 279,800 | A | — | Nov 9, 2025 | Common Shares | 279,800 | 279,800 | D |
| Restricted Stock UnitsF2,F1,F6 | $0.00 | Nov 10, 2015 | M | 7,608 | D | — | — | Common Shares | 7,608 | 83,876 | D |
| Stock Option (Right to Buy)F7 | $35.0257 | Nov 10, 2015 | M | 54,067 | D | — | Nov 20, 2016 | Common Shares | 54,067 | 54,068 | D |
Explanation of responses
- F1Settlement of Restricted Stock Units upon vesting for an equivalent number of Common Shares of the Issuer.
- F2Not Applicable
- F3This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 30, 2015.
- F4The reported price is the weighted average price for the transactions on November 10, 2015. The range of prices for the transaction is from $65.19 to $66.05 per share. Information regarding the number of shares sold at each separate price will be provided upon request of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F5Subject to acceleration upon certain events, the options become exercisable in four equal installments on each of the first, second, third and fourth anniversary of the grant date.
- F6Date Exercisable: November 10, 2015
- F7Options exercisable in four equal installments on the first, second, third and fourth anniversary of the grant date, November 21, 2006.