SEC Form 4 · accession 0001127602-17-002872
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel A Carp
Director
Period of report
Jan 26, 2017
Accepted (ET)
Jan 30, 2017 · 4:29 pm EST
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 | Jan 26, 2017 | M | 7,000 | $29.79 | A | 40,699 | D | |
| Common Stock | Jan 26, 2017 | M | 7,000 | $14.95 | A | 47,699 | D | |
| Common Stock | Jan 26, 2017 | M | 7,000 | $23.05 | A | 54,699 | D | |
| Common StockF1 | Jan 26, 2017 | S | 21,000 | $78.96 | D | 33,699 | D | |
| Common StockF2 | Jan 26, 2017 | A | 1,261 | $0.00 | A | 34,960 | 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)F3 | $29.79 | Jan 26, 2017 | M | 7,000 | D | — | Jan 25, 2018 | Common Stock | 7,000 | 0 | D |
| NQ Stock Option (Right to Buy)F4 | $14.95 | Jan 26, 2017 | M | 7,000 | D | — | Jan 29, 2019 | Common Stock | 7,000 | 0 | D |
| NQ Stock Option (Right to Buy)F5 | $23.05 | Jan 26, 2017 | M | 7,000 | D | — | Jan 28, 2020 | Common Stock | 7,000 | 0 | D |
| NQ Stock Option (Right to Buy)F6 | $79.26 | Jan 26, 2017 | A | 6,065 | A | — | Jan 26, 2027 | Common Stock | 6,065 | 6,065 | D |
Explanation of responses
- F1The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $78.92 to $78.985. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F2Award of restricted stock units granted under the Texas Instruments 2009 Director Compensation Plan.
- F3The option becomes exercisable in four equal annual installments beginning on January 25, 2009.
- F4The option became exercisable in four equal annual installments beginning on January 29, 2010.
- F5The option became exercisable in four equal annual installments beginning on January 28, 2011.
- F6The option becomes exercisable in four equal annual installments beginning on January 26, 2018.