SEC Form 4 · accession 0001225208-17-017368
TE Connectivity plc · TEL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric Resch
Officer — Sr VP & Chief Tax Officer
Period of report
Nov 13, 2017
Accepted (ET)
Nov 15, 2017 · 5:10 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 14, 2017 | M | 48,950 | $14.11 | A | 78,129 | D | |
| Common SharesF2 | Nov 14, 2017 | M | 411 | $0.00 | A | 78,540 | D | |
| Common Shares | Nov 14, 2017 | F | 199 | $93.26 | D | 78,341 | D | |
| Common SharesF3 | Nov 14, 2017 | S | 48,950 | $93.75 | D | 29,391 | 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)F4 | $93.36 | Nov 13, 2017 | A | 11,650 | A | — | Nov 13, 2027 | Common Shares | 11,650 | 11,650 | D |
| Restricted Stock UnitsF2,F1,F5 | $0.00 | Nov 14, 2017 | M | 411 | D | — | — | Common Shares | 411 | 372 | D |
| Stock Option (Right to Buy)F6 | $14.11 | Nov 14, 2017 | M | 48,950 | D | — | Nov 16, 2018 | Common Shares | 48,950 | 0 | D |
Explanation of responses
- F1Settlement of Restricted Stock Units upon vesting for an equivalent number of Common Shares of the Issuer.
- F2Not Applicable
- F3The reported price is the weighted average price for the transactions on November 14, 2017. The range of prices for the transaction is from $93.75 to $93.765 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.
- F4Subject to acceleration upon certain events, the options become exercisable in four equal installments on each of the first, second, third and fourth anniversary of November 15, 2017.
- F5Date Exercisable: November 14, 2017
- F6Options exercisable in four equal installments on the first, second, third and fourth anniversary of the grant date, November 17, 2008.