SEC Form 4 · accession 0001127602-16-050916
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard K Templeton
Officer — Chairman, President & CEO · Director
Period of report
Apr 29, 2016
Accepted (ET)
May 3, 2016 · 5:58 pm EDT
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 | Apr 29, 2016 | M | 270,000 | $29.79 | A | 1,364,091 | D | |
| Common Stock | Apr 29, 2016 | M | 45,000 | $14.95 | A | 1,409,091 | D | |
| Common Stock | Apr 29, 2016 | S | 315,000 | $57.1152 | D | 1,094,091 | D | |
| Common Stock | May 2, 2016 | M | 315,000 | $14.95 | A | 1,409,091 | D | |
| Common Stock | May 2, 2016 | S | 315,000 | $57.6924 | D | 1,094,091 | D | |
| Common Stock | May 3, 2016 | M | 259,461 | $14.95 | A | 1,353,552 | D | |
| Common Stock | May 3, 2016 | M | 45,000 | $14.95 | A | 1,398,552 | D | |
| Common Stock | May 3, 2016 | S | 304,461 | $57.2958 | D | 1,094,091 | D | |
| Common StockF4 | holding | — | — | — | 44,511 | I | By Children | |
| Common StockF5 | holding | — | — | — | 313 | I | By Trust--401(k) | |
| Common StockF6 | holding | — | — | — | 12,891 | I | By Trust--PS |
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)F7 | $29.79 | Apr 29, 2016 | M | 270,000 | D | — | Jan 25, 2018 | Common Stock | 270,000 | 0 | D |
| NQ Stock Option (Right to Buy)F8 | $14.95 | Apr 29, 2016 | M | 45,000 | D | — | Jan 29, 2019 | Common Stock | 45,000 | 259,461 | D |
| NQ Stock Option (Right to Buy)F8 | $14.95 | May 2, 2016 | M | 315,000 | D | — | Jan 29, 2019 | Common Stock | 315,000 | 45,000 | D |
| NQ Stock Option (Right to Buy)F8 | $14.95 | May 3, 2016 | M | 259,461 | D | — | Jan 29, 2019 | Common Stock | 259,461 | 0 | D |
| NQ Stock Option (Right to Buy)F8 | $14.95 | May 3, 2016 | M | 45,000 | D | — | Jan 29, 2019 | Common Stock | 45,000 | 0 | D |
Explanation of responses
- F1The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $56.83 to $57.79. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F2The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $57.08 to $57.95. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F3The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $57.00 to $57.58. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F4Beneficial ownership by reporting person disclaimed.
- F5Estimated shares attributable to TI 401(k) Account as of 3-31-2016. (Interests in this account are denominated in units. Consequently, share amount shown is an estimate.) This statement does not include changes in beneficial ownership of shares held in this account occurring after 3-31-2016 that are eligible for deferred reporting on Form 5.
- F6Estimated shares attributable to TI Universal Profit Sharing Account as of 3-31-2016. (Interests in this account are denominated in units. Consequently, share amount shown is an estimate.) This statement does not include changes in beneficial ownership of shares held in such account occurring after 3-31-2016 that are eligible for deferred reporting on Form 5.
- F7The option becomes exercisable in four equal annual installments beginning on January 25, 2009.
- F8The option becomes exercisable in four equal annual installments beginning on January 29, 2010.