SEC Form 4 · accession 0001127602-17-030812
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin J Ritchie
Officer — Sr. Vice President
Period of report
Oct 30, 2017
Accepted (ET)
Nov 1, 2017 · 5:07 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 30, 2017 | M | 49,954 | $52.93 | A | 196,884 | D | |
| Common StockF1 | Oct 30, 2017 | S | 49,954 | $96.6651 | D | 146,930 | 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 | $52.93 | Oct 30, 2017 | M | 49,954 | D | — | Jan 29, 2026 | Common Stock | 49,954 | 149,865 | D |
Explanation of responses
- F1The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $96.46 to $97.00.
- F2The option becomes exercisable in four equal annual installments beginning on January 29, 2017.