SEC Form 4 · accession 0001127602-16-039084
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pamela H Patsley
Director
Period of report
Jan 29, 2016
Accepted (ET)
Feb 2, 2016 · 4:32 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 StockF1 | Jan 29, 2016 | A | 1,889 | $0.00 | A | 27,035 | D | |
| Common StockF2 | Jan 29, 2016 | S | 7,000 | $52.1228 | D | 25,146 | D | |
| Common Stock | Jan 29, 2016 | M | 7,000 | $28.32 | A | 32,146 | 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)F3 | $52.93 | Jan 29, 2016 | A | 9,990 | A | — | Jan 29, 2026 | Common Stock | 9,990 | 9,990 | D |
| NQ Stock Option (Right to Buy)F4 | $28.32 | Jan 29, 2016 | M | 7,000 | D | — | Jan 18, 2017 | Common Stock | 7,000 | 0 | D |
Explanation of responses
- F1Award of restricted stock units granted under the Texas Instruments 2009 Director Compensation Plan.
- F2The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $52.1210 to $52.1250. 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 29, 2017.
- F4The option becomes exercisable in four equal annual installments beginning on January 18, 2008.