SEC Form 4 · accession 0001127602-15-004608
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ruth J Simmons
Director
Period of report
Feb 5, 2015
Accepted (ET)
Feb 5, 2015 · 6:11 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 | Feb 5, 2015 | M | 10,002 | $34.63 | A | 41,148 | D | |
| Common Stock | Feb 5, 2015 | M | 9,117 | $32.36 | A | 50,265 | D | |
| Common Stock | Feb 5, 2015 | M | 7,374 | $32.80 | A | 57,639 | D | |
| Common Stock | Feb 5, 2015 | M | 3,074 | $44.09 | A | 60,713 | D | |
| Common Stock | Feb 5, 2015 | S | 29,567 | $54.848 | D | 31,146 | 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)F2 | $34.63 | Feb 5, 2015 | M | 10,002 | D | — | Jan 27, 2021 | Common Stock | 10,002 | 0 | D |
| NQ Stock Option (Right to Buy)F3 | $32.36 | Feb 5, 2015 | M | 9,117 | D | — | Jan 26, 2022 | Common Stock | 9,117 | 3,039 | D |
| NQ Stock Option (Right to Buy)F4 | $32.80 | Feb 5, 2015 | M | 7,374 | D | — | Jan 25, 2023 | Common Stock | 7,374 | 7,375 | D |
| NQ Stock Option (Right to Buy)F5 | $44.09 | Feb 5, 2015 | M | 3,074 | D | — | Jan 23, 2024 | Common Stock | 3,074 | 9,225 | D |
Explanation of responses
- F1The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $54.8410 to $54.8620. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F2The option becomes exercisable in four equal annual installments beginning on January 27, 2012.
- F3The option becomes exercisable in four equal annual installments beginning on January 26, 2013.
- F4The option becomes exercisable in four equal annual installments beginning on January 25, 2014.
- F5The option becomes exercisable in four equal annual installments beginning on January 23, 2015.