SEC Form 4 · accession 0001127602-17-002938
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin J Ritchie
Officer — Sr. Vice President
Period of report
Jan 26, 2017
Accepted (ET)
Jan 30, 2017 · 5:18 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 | 50,000 | $32.80 | A | 238,138 | D | |
| Common Stock | Jan 26, 2017 | M | 61,499 | $44.09 | A | 299,637 | D | |
| Common Stock | Jan 26, 2017 | S | 111,499 | $78.02 | D | 188,138 | D | |
| Common StockF1 | Jan 26, 2017 | A | 25,234 | $0.00 | A | 213,372 | 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)F2 | $32.80 | Jan 26, 2017 | M | 50,000 | D | — | Jan 25, 2023 | Common Stock | 50,000 | 0 | D |
| NQ Stock Option (Right to Buy)F3 | $44.09 | Jan 26, 2017 | M | 61,499 | D | — | Jan 23, 2024 | Common Stock | 61,499 | 61,500 | D |
| NQ Stock Option (Right to Buy)F4 | $79.26 | Jan 26, 2017 | A | 121,315 | A | — | Jan 26, 2027 | Common Stock | 121,315 | 121,315 | D |
Explanation of responses
- F1Award of restricted stock units pursuant to 2009 Long-Term Incentive Plan.
- F2The option becomes exercisable in four equal annual installments beginning on January 25, 2014.
- F3The option becomes exercisable in four equal annual installments beginning on January 23, 2015.
- F4The option becomes exercisable in four equal annual installments beginning on January 26, 2018.