SEC Form 4 · accession 0001140361-17-002911
NATIONAL INSTRUMENTS CORP · NATI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alexander M Davern
Officer — President & CEO
Period of report
Jan 24, 2017
Accepted (ET)
Jan 25, 2017 · 6:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000935494
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jan 24, 2017 | A | 150,000 | A | — | Dec 15, 2031 | Common Stock | 150,000 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F2The restricted stock units vest in three equal annual installments on the anniversary of the vesting commencement date of December 15, 2016.