SEC Form 4 · accession 0001127602-17-002980
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard K Templeton
Officer — Chairman, President & CEO · Director
Period of report
Jan 26, 2017
Accepted (ET)
Jan 30, 2017 · 7:11 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 | 40,000 | $23.05 | A | 993,164 | D | |
| Common Stock | Jan 26, 2017 | M | 180,000 | $23.05 | A | 1,173,164 | D | |
| Common StockF1 | Jan 26, 2017 | A | 69,392 | $0.00 | A | 1,242,556 | D | |
| Common StockF2 | Jan 26, 2017 | S | 220,000 | $78.86 | D | 1,022,556 | D | |
| Common Stock | Jan 27, 2017 | M | 220,000 | $23.05 | A | 1,242,556 | D | |
| Common StockF3 | Jan 27, 2017 | S | 77,677 | $77.95 | D | 1,164,879 | D | |
| Common StockF4 | Jan 27, 2017 | S | 142,323 | $78.64 | D | 1,022,556 | D | |
| Common Stock | Jan 30, 2017 | M | 100,000 | $23.05 | A | 1,122,556 | D | |
| Common StockF5 | Jan 30, 2017 | S | 100,000 | $77.82 | D | 1,022,556 | D | |
| Common StockF6 | holding | — | — | — | 45,711 | I | By Children | |
| Common StockF7 | holding | — | — | — | 206 | I | By Trust 401(k) | |
| Common StockF8 | holding | — | — | — | 12,948 | I | By Trust PS |
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)F9 | $23.05 | Jan 26, 2017 | M | 40,000 | D | — | Jan 28, 2020 | Common Stock | 40,000 | 320,000 | D |
| NQ Stock Option (Right to Buy)F9 | $23.05 | Jan 26, 2017 | M | 180,000 | D | — | Jan 28, 2020 | Common Stock | 180,000 | 0 | D |
| NQ Stock Option (Right to Buy)F9 | $23.05 | Jan 27, 2017 | M | 220,000 | D | — | Jan 28, 2020 | Common Stock | 220,000 | 100,000 | D |
| NQ Stock Option (Right to Buy)F9 | $23.05 | Jan 30, 2017 | M | 100,000 | D | — | Jan 28, 2020 | Common Stock | 100,000 | 0 | D |
| NQ Stock Option (Right to Buy)F10 | $79.26 | Jan 26, 2017 | A | 333,615 | A | — | Jan 26, 2027 | Common Stock | 333,615 | 333,615 | D |
Explanation of responses
- F1Award of restricted stock units pursuant to 2009 Long-Term Incentive Plan.
- F10The option becomes exercisable in four equal annual installments beginning on January 26, 2018.
- F2The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $78.53 to $79.45. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F3The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $77.74 to $78.32. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F4The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $78.33 to $78.935. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F5The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $77.40 to $78.065. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F6Beneficial ownership by reporting person disclaimed.
- F7Estimated shares attributable to TI 401(k) Account as of 12-31-2016. (Interests in this account are denominated in units. Consequently, share amount shown is an estimate.) This statement does not include changes in beneficial ownership of shares held in this account occurring after 12-31-2016 that are eligible for deferred reporting on Form 5.
- F8Estimated shares attributable to TI Universal Profit Sharing Account as of 12-31-2016. (Interests in this account are denominated in units. Consequently, share amount shown is an estimate.) This statement does not include changes in beneficial ownership of shares held in such account occurring after 12-31-2016 that are eligible for deferred reporting on Form 5.
- F9The option became exercisable in four equal annual installments beginning on January 28, 2011.