SEC Form 4 · accession 0001127602-16-058775
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bing Xie
Officer — Senior Vice President
Period of report
Jul 27, 2016
Accepted (ET)
Jul 27, 2016 · 7:54 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 | Jul 27, 2016 | M | 1,875 | $23.05 | A | 200,471 | D | |
| Common Stock | Jul 27, 2016 | M | 1,875 | $23.05 | A | 202,346 | D | |
| Common Stock | Jul 27, 2016 | M | 22,500 | $32.36 | A | 224,846 | D | |
| Common Stock | Jul 27, 2016 | M | 30,000 | $32.80 | A | 254,846 | D | |
| Common StockF1 | Jul 27, 2016 | S | 56,250 | $70.50 | D | 198,596 | 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 | Jul 27, 2016 | M | 1,875 | D | — | Jan 28, 2020 | Common Stock | 1,875 | 0 | D |
| NQ Stock Option (Right to Buy)F2 | $23.05 | Jul 27, 2016 | M | 1,875 | D | — | Jan 28, 2020 | Common Stock | 1,875 | 0 | D |
| NQ Stock Option (Right to Buy)F3 | $32.36 | Jul 27, 2016 | M | 22,500 | D | — | Jan 26, 2022 | Common Stock | 22,500 | 0 | D |
| NQ Stock Option (Right to Buy)F4 | $32.80 | Jul 27, 2016 | M | 30,000 | D | — | Jan 25, 2023 | Common Stock | 30,000 | 10,000 | D |
Explanation of responses
- F1The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $70.48 to $70.567. 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 became exercisable in four equal annual installments beginning on January 28, 2011.
- 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.