SEC Form 4 · accession 0001127602-15-003527
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Brian T Crutcher
Officer — Executive Vice President
Period of report
Jan 28, 2015
Accepted (ET)
Jan 30, 2015 · 7:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000097476
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 28, 2015 | A | 50,983 | $0.00 | A | 393,798 | D | |
| Common Stock | Jan 30, 2015 | F | 20,041 | $54.67 | D | 373,757 | D | |
| Common Stock | Jan 30, 2015 | M | 40,625 | $34.63 | A | 414,382 | D | |
| Common Stock | Jan 30, 2015 | M | 100,000 | $32.36 | A | 514,382 | D | |
| Common Stock | Jan 30, 2015 | S | 140,625 | $54.00 | D | 373,757 | D | |
| Common Stock | holding | — | — | — | 24,977 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NQ Stock Option (Right to Buy)F4 | $53.94 | Jan 28, 2015 | A | 289,839 | A | — | Jan 28, 2025 | Common Stock | 289,839 | 289,839 | D |
| NQ Stock Option (Right to Buy)F5 | $34.63 | Jan 30, 2015 | M | 40,625 | D | — | Jan 27, 2021 | Common Stock | 40,625 | 0 | D |
| NQ Stock Option (Right to Buy)F6 | $32.36 | Jan 30, 2015 | M | 100,000 | D | — | Jan 26, 2022 | Common Stock | 100,000 | 59,375 | D |
Explanation of responses
- F1Award of restricted stock units pursuant to 2009 Long-Term Incentive Plan.
- F2Withholding of shares of common stock to satisfy tax withholding obligation (relating to vesting of a previously granted award).
- F3The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $54.0000 to $54.0050. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F4The option becomes exercisable in four equal annual installments beginning on January 28, 2016.
- F5The option becomes exercisable in four equal annual installments beginning on January 27, 2012.
- F6The option becomes exercisable in four equal annual installments beginning on January 26, 2013.