SEC Form 4 · accession 0001127602-17-030534
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard K Templeton
Officer — Chairman, President & CEO · Director
Period of report
Oct 26, 2017
Accepted (ET)
Oct 30, 2017 · 5:53 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 | 190,000 | $34.63 | A | 1,137,056 | D | |
| Common StockF1 | Oct 26, 2017 | S | 190,000 | $96.1802 | D | 947,056 | D | |
| Common Stock | Oct 27, 2017 | M | 190,000 | $34.63 | A | 1,137,056 | D | |
| Common StockF2 | Oct 27, 2017 | S | 45,914 | $96.1578 | D | 1,091,142 | D | |
| Common StockF3 | Oct 27, 2017 | S | 144,086 | $97.1107 | D | 947,056 | D | |
| Common Stock | Oct 30, 2017 | M | 70,000 | $34.63 | A | 1,017,056 | D | |
| Common StockF4 | Oct 30, 2017 | S | 70,000 | $96.4094 | D | 947,056 | D | |
| Common StockF5 | holding | — | — | — | 45,711 | I | By Children | |
| Common StockF6 | holding | — | — | — | 311 | I | By Trust 401(k) | |
| Common StockF7 | holding | — | — | — | 12,809 | I | By Trust PS |
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)F8 | $34.63 | Oct 26, 2017 | M | 190,000 | D | — | Jan 27, 2021 | Common Stock | 190,000 | 260,000 | D |
| NQ Stock Option (Right to Buy)F8 | $34.63 | Oct 27, 2017 | M | 190,000 | D | — | Jan 27, 2021 | Common Stock | 190,000 | 70,000 | D |
| NQ Stock Option (Right to Buy)F8 | $34.63 | Oct 30, 2017 | M | 70,000 | D | — | Jan 27, 2021 | Common Stock | 70,000 | 0 | D |
Explanation of responses
- F1The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $95.85 to $96.40. 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 $95.71 to $96.70. 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 $96.71 to $97.535. 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 $95.94 to $96.865. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F5Beneficial ownership by reporting person disclaimed.
- F6Estimated shares attributable to TI 401(k) Account as of 9-30-2017. (Interests in this account are denominated in units. Consequently, share amount shown is an estimate.) This statement does not include changes in beneficial ownership of shares held in this account occurring after 9-30-2017 that are eligible for deferred reporting on Form 5.
- F7Estimated shares attributable to TI Universal Profit Sharing Account as of 9-30-2017. (Interests in this account are denominated in units. Consequently, share amount shown is an estimate.) This statement does not include changes in beneficial ownership of shares held in such account occurring after 9-30-2017 that are eligible for deferred reporting on Form 5.
- F8The option became exercisable in four equal annual installments beginning on January 27, 2012.