SEC Form 4 · accession 0001127602-17-031392
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cynthia Hoff Trochu
Officer — SVP, Secretary & Gen Counsel
Period of report
Nov 2, 2017
Accepted (ET)
Nov 6, 2017 · 5:22 pm EST
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 | Nov 2, 2017 | M | 9,881 | $53.94 | A | 74,029 | D | |
| Common Stock | Nov 2, 2017 | M | 21,231 | $52.93 | A | 95,260 | D | |
| Common StockF1 | Nov 2, 2017 | S | 31,112 | $96.2688 | D | 64,148 | D | |
| Common StockF2 | holding | — | — | — | 1,828 | I | By Spouse |
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)F3 | $53.94 | Nov 2, 2017 | M | 9,881 | D | — | Jan 28, 2025 | Common Stock | 9,881 | 19,762 | D |
| NQ Stock Option (Right to Buy)F4 | $52.93 | Nov 2, 2017 | M | 21,231 | D | — | Jan 29, 2026 | Common Stock | 21,231 | 63,693 | D |
Explanation of responses
- F1The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $95.62 to $96.55. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F2Beneficial ownership by reporting person disclaimed.
- F3The option becomes exercisable in four equal annual installments beginning on January 28, 2016.
- F4The option becomes exercisable in four equal annual installments beginning on January 29, 2017.