SEC Form 4 · accession 0001225208-16-024032
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
Jan 11, 2016
Accepted (ET)
Jan 12, 2016 · 11:19 am 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 | Jan 11, 2016 | M | 87,959 | $39.97 | A | 497,028 | D | |
| Common SharesF2 | Jan 11, 2016 | S | 87,959 | $57.9917 | D | 409,069 | 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)F3 | $39.97 | Jan 11, 2016 | M | 87,959 | D | — | Jul 1, 2017 | Common Shares | 87,959 | 439,791 | D |
Explanation of responses
- F1This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 23, 2015.
- F2The reported price is the weighted average price for the transactions on January 11, 2016. The range of prices for the transaction is from $57.45 to $58.63 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.
- F3Options exercisable in four equal installments on the first, second, third and fourth anniversary of the grant date, July 2, 2007.