SEC Form 4 · accession 0001127602-17-030522
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian T Crutcher
Officer — Chief Operating Officer
Period of report
Oct 26, 2017
Accepted (ET)
Oct 30, 2017 · 5:12 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 | Oct 26, 2017 | M | 144,919 | $53.94 | A | 346,428 | D | |
| Common StockF1 | Oct 26, 2017 | S | 131,985 | $96.1984 | D | 214,443 | D | |
| Common StockF2 | Oct 26, 2017 | S | 12,934 | $96.8656 | D | 201,509 | D | |
| Common Stock | Oct 27, 2017 | M | 68,687 | $52.93 | A | 270,196 | D | |
| Common StockF3 | Oct 27, 2017 | S | 68,687 | $96.0998 | D | 201,509 | D | |
| Common StockF4,F5 | Oct 26, 2017 | S | 50,399 | $96.2642 | D | 0 | I | By Trust |
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)F6 | $53.94 | Oct 26, 2017 | M | 144,919 | D | — | Jan 28, 2025 | Common Stock | 144,919 | 144,920 | D |
| NQ Stock Option (Right to Buy)F7 | $52.93 | Oct 27, 2017 | M | 68,687 | D | — | Jan 29, 2026 | Common Stock | 68,687 | 206,064 | D |
Explanation of responses
- F1The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $95.91 to $96.76. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F2The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $96.78 to $96.92. 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 $95.83 to $96.255. 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 $96.05 to $96.905. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F5Shares held in trust for the benefit of family members of which reporting person is a trustee.
- F6The option becomes exercisable in four equal annual installments beginning on January 28, 2016.
- F7The option becomes exercisable in four equal annual installments beginning on January 29, 2017.