SEC Form 4 · accession 0001127602-15-003534
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darla H Whitaker
Officer — Sr. Vice President
Period of report
Jan 28, 2015
Accepted (ET)
Jan 30, 2015 · 7:28 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 | 14,832 | $0.00 | A | 120,295 | D | |
| Common Stock | Jan 30, 2015 | S | 25,000 | $54.2121 | D | 95,295 | D |
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)F3 | $53.94 | Jan 28, 2015 | A | 84,317 | A | — | Jan 28, 2025 | Common Stock | 84,317 | 84,317 | D |
Explanation of responses
- F1Award of restricted stock units pursuant to 2009 Long-Term Incentive Plan.
- F2The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $53.99 to $54.57. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F3The option becomes exercisable in four equal annual installments beginning on January 28, 2016.