SEC Form 4 · accession 0001127602-16-058777
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darla H Whitaker
Officer — Sr. Vice President
Period of report
Jul 27, 2016
Accepted (ET)
Jul 27, 2016 · 8:02 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 | 75,000 | $34.63 | A | 174,917 | D | |
| Common Stock | Jul 27, 2016 | M | 80,000 | $32.36 | A | 254,917 | D | |
| Common Stock | Jul 27, 2016 | S | 155,000 | $70.98 | D | 99,917 | D | |
| Common Stock | Jul 27, 2016 | S | 5,403 | $70.98 | D | 94,514 | 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)F1 | $34.63 | Jul 27, 2016 | M | 75,000 | D | — | Jan 27, 2021 | Common Stock | 75,000 | 0 | D |
| NQ Stock Option (Right to Buy)F2 | $32.36 | Jul 27, 2016 | M | 80,000 | D | — | Jan 26, 2022 | Common Stock | 80,000 | 0 | D |
Explanation of responses
- F1The option becomes exercisable in four equal annual installments beginning on January 27, 2012.
- F2The option becomes exercisable in four equal annual installments beginning on January 26, 2013.