SEC Form 4 · accession 0001127602-16-058779
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cynthia Hoff Trochu
Officer — SVP, Secretary & Gen Counsel
Period of report
Jul 27, 2016
Accepted (ET)
Jul 27, 2016 · 8:10 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 | 3,125 | $34.63 | A | 61,150 | D | |
| Common Stock | Jul 27, 2016 | M | 7,500 | $32.36 | A | 68,650 | D | |
| Common Stock | Jul 27, 2016 | M | 9,881 | $53.94 | A | 78,531 | D | |
| Common StockF1 | Jul 27, 2016 | S | 20,506 | $70.6506 | D | 58,025 | D | |
| Common Stock | holding | — | — | — | 2,665 | I | By Spouse |
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 | $34.63 | Jul 27, 2016 | M | 3,125 | D | — | Jan 27, 2021 | Common Stock | 3,125 | 0 | D |
| NQ Stock Option (Right to Buy)F3 | $32.36 | Jul 27, 2016 | M | 7,500 | D | — | Jan 26, 2022 | Common Stock | 7,500 | 0 | D |
| NQ Stock Option (Right to Buy)F4 | $53.94 | Jul 27, 2016 | M | 9,881 | D | — | Jan 28, 2025 | Common Stock | 9,881 | 29,643 | D |
Explanation of responses
- F1The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $70.65 to $70.665. 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 27, 2012.
- 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 28, 2016.