SEC Form 4 · accession 0001225208-16-040974
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 1, 2016
Accepted (ET)
Nov 2, 2016 · 2:09 pm EDT
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 1, 2016 | M | 123,633 | $24.60 | A | 507,812 | D | |
| Common SharesF2 | Nov 1, 2016 | S | 123,633 | $63.0709 | D | 384,179 | 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 | $24.60 | Nov 1, 2016 | M | 123,633 | D | — | Nov 17, 2019 | Common Shares | 123,633 | 370,899 | D |
Explanation of responses
- F1This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 15, 2016.
- F2The reported price is the weighted average price for the transactions on November 1, 2016. The range of prices for the transaction is from $62.54 to $63.43 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 November 17, 2009.