SEC Form 4 · accession 0001127602-17-002930
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian T Crutcher
Officer — Chief Operating Officer
Period of report
Jan 26, 2017
Accepted (ET)
Jan 30, 2017 · 5:09 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 | 56,250 | $32.80 | A | 365,584 | D | |
| Common Stock | Jan 26, 2017 | M | 69,187 | $44.09 | A | 434,771 | D | |
| Common StockF1 | Jan 26, 2017 | S | 125,437 | $78.86 | D | 309,334 | D | |
| Common StockF2 | Jan 26, 2017 | A | 47,313 | $0.00 | A | 356,647 | D | |
| Common StockF3 | Jan 26, 2017 | G | 2,047 | $0.00 | D | 22,536 | I | By Trust |
| Common Stock | Jan 27, 2017 | G | 80,363 | $0.00 | D | 276,284 | D | |
| Common StockF3 | Jan 27, 2017 | G | 80,363 | $0.00 | A | 102,899 | 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 | $32.80 | Jan 26, 2017 | M | 56,250 | D | — | Jan 25, 2023 | Common Stock | 56,250 | 0 | D |
| NQ Stock Option (Right to Buy)F5 | $44.09 | Jan 26, 2017 | M | 69,187 | D | — | Jan 23, 2024 | Common Stock | 69,187 | 69,187 | D |
| NQ Stock Option (Right to Buy)F6 | $79.26 | Jan 26, 2017 | A | 227,465 | A | — | Jan 26, 2027 | Common Stock | 227,465 | 227,465 | D |
Explanation of responses
- F1The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $78.48 to $79.085. 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 pursuant to 2009 Long-Term Incentive Plan.
- 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 25, 2014.
- F5The option becomes exercisable in four equal annual installments beginning on January 23, 2015.
- F6The option becomes exercisable in four equal annual installments beginning on January 26, 2018.