SEC Form 4 · accession 0001140361-17-017976
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
May 1, 2017
Accepted (ET)
May 2, 2017 · 8:36 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000935494
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 1, 2017 | M | 234 | $26.707 | A | 82,089 | D | |
| Common StockF2 | May 1, 2017 | M | 17,410 | — | A | 99,499 | D | |
| Common Stock | May 1, 2017 | F | 4,828 | $34.4784 | D | 94,671 | 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,F3 | — | May 1, 2017 | M | 660 | D | — | May 1, 2023 | Common Stock | 660 | 0 | D |
| Restricted Stock UnitsF2,F3 | — | May 1, 2017 | M | 3,750 | D | — | May 1, 2024 | Common Stock | 6,181 | 2,431 | D |
| Restricted Stock UnitsF2,F3 | — | May 1, 2017 | M | 2,500 | D | — | May 1, 2026 | Common Stock | 10,795 | 8,295 | D |
| Restricted Stock UnitsF2,F3 | — | May 1, 2017 | M | 2,500 | D | — | May 1, 2027 | Common Stock | 14,230 | 11,730 | D |
| Restricted Stock UnitsF2,F3 | — | May 1, 2017 | M | 1,500 | D | — | May 1, 2028 | Common Stock | 10,276 | 8,776 | D |
| Restricted Stock UnitsF2,F3 | — | May 1, 2017 | M | 1,500 | D | — | May 1, 2029 | Common Stock | 11,809 | 10,309 | D |
| Restricted Stock UnitsF2,F3 | — | May 1, 2017 | M | 2,500 | D | — | May 1, 2030 | Common Stock | 22,500 | 20,000 | D |
| Restricted Stock UnitsF2,F3 | — | May 1, 2017 | M | 2,500 | D | — | May 1, 2031 | Common Stock | 25,000 | 22,500 | D |
Explanation of responses
- F1Acquisition of stock under Issuer's employee stock purchase plan.
- F2Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F3The restricted stock units vest and become exercisable based on time and performance milestones set by the Issuer.