SEC Form 4 · accession 0001225208-16-041856
TE Connectivity plc · TEL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Terrence R Curtin
Officer — President & Director · Director
Period of report
Nov 14, 2016
Accepted (ET)
Nov 16, 2016 · 4:56 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 SharesF2 | Nov 14, 2016 | M | 2,326 | $0.00 | A | 42,507 | D | |
| Common Shares | Nov 14, 2016 | F | 1,073 | $66.975 | D | 41,434 | D | |
| Common SharesF4 | Nov 15, 2016 | S | 1,253 | $66.9774 | D | 40,181 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1,F5 | $0.00 | Nov 14, 2016 | M | 2,326 | D | — | — | Common Shares | 2,326 | 8,348 | D |
| Stock Option (Right to Buy)F6 | $66.74 | Nov 14, 2016 | A | 270,650 | A | — | Nov 14, 2026 | Common Shares | 270,650 | 270,650 | 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 February 5, 2016.
- F4The reported price is the weighted average price for the transactions on November 15, 2016. The range of prices for the transaction is from $66.64 to $67.11 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.
- F5Date Exercisable: November 14, 2016
- F6Subject 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.