SEC Form 4 · accession 0001127602-17-030620
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen A. Anderson
Officer — Sr. Vice President
Period of report
Oct 27, 2017
Accepted (ET)
Oct 31, 2017 · 4:43 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 27, 2017 | M | 124,536 | $44.09 | A | 288,210 | D | |
| Common StockF1 | Oct 27, 2017 | S | 124,536 | $96.1039 | D | 163,674 | 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 | $44.09 | Oct 27, 2017 | M | 124,536 | D | — | Jan 23, 2024 | Common Stock | 124,536 | 41,512 | D |
Explanation of responses
- F1The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $95.75 to $96.23. 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 23, 2015.