SEC Form 4 · accession 0001127602-17-018090
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 12, 2017
Accepted (ET)
May 15, 2017 · 5:00 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 12, 2017 | M | 1,199 | $53.94 | A | 102,028 | D | |
| Common Stock | May 12, 2017 | M | 31,221 | $52.93 | A | 133,249 | D | |
| Common StockF1 | May 12, 2017 | S | 32,420 | $80.607 | 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 | $53.94 | May 12, 2017 | M | 1,199 | D | — | Jan 28, 2025 | Common Stock | 1,199 | 65,873 | D |
| NQ Stock Option (Right to Buy)F3 | $52.93 | May 12, 2017 | M | 31,221 | D | — | Jan 29, 2026 | Common Stock | 31,221 | 93,666 | D |
Explanation of responses
- F1The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $80.60 to $80.64. 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 28, 2016.
- F3The option becomes exercisable in four equal annual installments beginning on January 29, 2017.