SEC Form 4 · accession 0001127602-17-018531
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darla H Whitaker
Officer — Sr. Vice President
Period of report
May 15, 2017
Accepted (ET)
May 17, 2017 · 5:36 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 15, 2017 | M | 45,000 | $32.80 | A | 139,471 | D | |
| Common StockF1 | May 15, 2017 | S | 60,626 | $81.1955 | D | 78,845 | 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 | May 15, 2017 | M | 45,000 | D | — | Jan 25, 2023 | Common Stock | 45,000 | 45,000 | D |
Explanation of responses
- F1The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $81.095 to $81.26. 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 became exercisable in four equal annual installments beginning on January 25, 2014.