SEC Form 4 · accession 0001127602-15-005547
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
Feb 11, 2015
Accepted (ET)
Feb 11, 2015 · 6:03 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 11, 2015 | M | 52,500 | $23.05 | A | 147,795 | D | |
| Common Stock | Feb 11, 2015 | S | 52,500 | $55.6867 | 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)F2 | $23.05 | Feb 11, 2015 | M | 52,500 | D | — | Jan 28, 2020 | Common Stock | 52,500 | 0 | D |
Explanation of responses
- F1The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $55.68 to $55.72. 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 28, 2011.