SEC Form 4 · accession 0001127602-17-017802
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Niels Anderskouv
Officer — Sr. Vice President
Period of report
May 11, 2017
Accepted (ET)
May 11, 2017 · 6:54 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 | May 11, 2017 | M | 31,250 | $32.80 | A | 132,079 | D | |
| Common Stock | May 11, 2017 | M | 38,437 | $44.09 | A | 170,516 | D | |
| Common Stock | May 11, 2017 | M | 64,673 | $53.94 | A | 235,189 | D | |
| Common StockF1 | May 11, 2017 | S | 134,360 | $80.4241 | D | 100,829 | D | |
| Common Stock | holding | — | — | — | 56,166 | I | By wholly owned corporation |
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 | May 11, 2017 | M | 31,250 | D | — | Jan 25, 2023 | Common Stock | 31,250 | 0 | D |
| NQ Stock Option (Right to Buy)F3 | $44.09 | May 11, 2017 | M | 38,437 | D | — | Jan 23, 2024 | Common Stock | 38,437 | 38,437 | D |
| NQ Stock Option (Right to Buy)F4 | $53.94 | May 11, 2017 | M | 64,673 | D | — | Jan 28, 2025 | Common Stock | 64,673 | 67,072 | D |
Explanation of responses
- F1The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $80.40 to $80.47. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- 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 28, 2016.