SEC Form 4 · accession 0001127602-16-039089
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen A. Anderson
Officer — Sr. Vice President
Period of report
Jan 29, 2016
Accepted (ET)
Feb 2, 2016 · 4:36 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 | 35,897 | $0.00 | A | 235,155 | D | |
| Common StockF2 | Jan 29, 2016 | S | 18,233 | $51.89 | D | 216,922 | D | |
| Common StockF3 | Jan 29, 2016 | S | 27,601 | $52.21 | D | 189,321 | D | |
| Common Stock | Feb 1, 2016 | M | 137,500 | $32.36 | A | 326,821 | D | |
| Common StockF4 | Feb 1, 2016 | S | 137,500 | $53.0832 | D | 189,321 | 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)F5 | $32.36 | Feb 1, 2016 | M | 137,500 | D | — | Jan 26, 2022 | Common Stock | 137,500 | 0 | D |
| NQ Stock Option (Right to Buy)F6 | $52.93 | Jan 29, 2016 | A | 189,828 | A | — | Jan 29, 2026 | Common Stock | 189,828 | 189,828 | D |
Explanation of responses
- F1Award of restricted stock units pursuant to 2009 Long-Term Incentive Plan.
- F2Sales effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on 7-30-2015. The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $51.05 to $52.04. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price set forth in footnotes (2) and (3) to this Form 4.
- F3Sales effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on 7-30-2015. The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $52.05 to $52.44.
- F4The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $53.08 to $53.115. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F5The option becomes exercisable in four equal annual installments beginning on January 26, 2013.
- F6The option becomes exercisable in four equal annual installments beginning on January 29, 2017.