SEC Form 4 · accession 0001127602-15-006419
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin J Ritchie
Officer — Sr. Vice President
Period of report
Feb 13, 2015
Accepted (ET)
Feb 17, 2015 · 4:48 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 13, 2015 | M | 40,625 | $34.63 | A | 248,574 | D | |
| Common Stock | Feb 13, 2015 | M | 43,750 | $32.36 | A | 292,324 | D | |
| Common Stock | Feb 13, 2015 | M | 50,000 | $32.80 | A | 342,324 | D | |
| Common Stock | Feb 13, 2015 | S | 134,375 | $57.5413 | D | 207,949 | 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 13, 2015 | M | 40,625 | D | — | Jan 27, 2021 | Common Stock | 40,625 | 0 | D |
| NQ Stock Option (Right to Buy)F3 | $32.36 | Feb 13, 2015 | M | 43,750 | D | — | Jan 26, 2022 | Common Stock | 43,750 | 43,750 | D |
| NQ Stock Option (Right to Buy)F4 | $32.80 | Feb 13, 2015 | M | 50,000 | D | — | Jan 25, 2023 | Common Stock | 50,000 | 100,000 | D |
Explanation of responses
- F1The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $57.46 to $57.70. 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.