SEC Form 4 · accession 0001127602-16-058965
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian T Crutcher
Officer — Executive Vice President
Period of report
Jul 27, 2016
Accepted (ET)
Jul 29, 2016 · 5:36 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 | 138,373 | $44.09 | A | 504,689 | D | |
| Common StockF1 | Jul 27, 2016 | S | 138,373 | $70.7112 | D | 366,316 | D | |
| Common StockF2 | Jul 29, 2016 | S | 42,155 | $69.934 | D | 324,161 | D | |
| Common StockF3 | Jul 27, 2016 | G | 510 | $0.00 | D | 24,583 | I | By Trust |
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)F4 | $44.09 | Jul 27, 2016 | M | 138,373 | D | — | Jan 23, 2024 | Common Stock | 138,373 | 138,374 | D |
Explanation of responses
- F1The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $70.50 to $71.035. 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 $69.66 to $70.43. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F3Shares held in trust for the benefit of family members of which reporting person is a trustee.
- F4The option becomes exercisable in four equal annual installments beginning on January 23, 2015.