SEC Form 4 · accession 0001140361-17-046645
NATIONAL INSTRUMENTS CORP · NATI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alexander M Davern
Officer — President & CEO · Director
Period of report
Dec 15, 2017
Accepted (ET)
Dec 19, 2017 · 12:06 pm EST
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 | Dec 15, 2017 | M | 50,000 | — | A | 134,757 | D | |
| Common Stock | Dec 15, 2017 | F | 20,276 | $41.53 | D | 114,481 | 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 UnitsF1,F2 | — | Dec 15, 2017 | M | 50,000 | D | — | May 1, 2032 | Common Stock | 50,000 | 100,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F2On January 24, 2017, the reporting person was granted 150,000 restricted stock units, which vest in three equal annual installments beginning December 15, 2017.