SEC Form 4 · accession 0001127602-18-002818
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
Jan 25, 2018
Accepted (ET)
Jan 29, 2018 · 5:21 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 StockF1 | Jan 25, 2018 | A | 14,526 | $0.00 | A | 178,200 | D | |
| Common Stock | Jan 26, 2018 | M | 41,512 | $44.09 | A | 219,712 | D | |
| Common Stock | Jan 26, 2018 | M | 100,126 | $53.94 | A | 319,838 | D | |
| Common StockF2 | Jan 26, 2018 | S | 141,638 | $111.1155 | D | 178,200 | 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)F3 | $110.15 | Jan 25, 2018 | A | 68,908 | A | — | Jan 25, 2028 | Common Stock | 68,908 | 68,908 | D |
| NQ Stock Option (Right to Buy)F4 | $44.09 | Jan 26, 2018 | M | 41,512 | D | — | Jan 23, 2024 | Common Stock | 41,512 | 0 | D |
| NQ Stock Option (Right to Buy)F5 | $53.94 | Jan 26, 2018 | M | 100,126 | D | — | Jan 28, 2025 | Common Stock | 100,126 | 100,126 | D |
Explanation of responses
- F1Award of restricted stock units pursuant to 2009 Long-Term Incentive Plan.
- F2The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $110.875 to $111.28. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F3The option becomes exercisable in four equal annual installments beginning on January 25, 2019.
- F4The option became exercisable in four equal annual installments beginning on January 23, 2015.
- F5The option becomes exercisable in four equal annual installments beginning on January 28, 2016.