SEC Form 4 · accession 0001127602-17-024773
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert E Sanchez
Director
Period of report
Aug 1, 2017
Accepted (ET)
Aug 2, 2017 · 5:34 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 | Aug 1, 2017 | M | 12,156 | $32.36 | A | 27,565 | D | |
| Common Stock | Aug 1, 2017 | M | 14,749 | $32.80 | A | 42,314 | D | |
| Common StockF1 | Aug 1, 2017 | S | 26,905 | $81.48 | D | 15,409 | 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 | $32.36 | Aug 1, 2017 | M | 12,156 | D | — | Jan 26, 2022 | Common Stock | 12,156 | 0 | D |
| NQ Stock Option (Right to Buy)F3 | $32.80 | Aug 1, 2017 | M | 14,749 | D | — | Jan 25, 2023 | Common Stock | 14,749 | 0 | D |
Explanation of responses
- F1The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $81.471 to $81.5008. 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 26, 2013.
- F3The option became exercisable in four equal annual installments beginning on January 25, 2014.