SEC Form 4 · accession 0001127602-18-002873
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian T Crutcher
Officer — Chief Operating Officer
Period of report
Jan 25, 2018
Accepted (ET)
Jan 29, 2018 · 6:07 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 | 45,393 | $0.00 | A | 246,961 | D | |
| Common Stock | Jan 25, 2018 | M | 69,187 | $44.09 | A | 316,148 | D | |
| Common StockF2 | Jan 25, 2018 | S | 69,187 | $110.1884 | D | 246,961 | D | |
| Common Stock | Jan 26, 2018 | M | 56,866 | $79.26 | A | 303,827 | D | |
| Common StockF3 | Jan 26, 2018 | S | 56,866 | $110.2007 | D | 246,961 | D | |
| Common Stock | Jan 29, 2018 | M | 72,460 | $53.94 | A | 319,421 | D | |
| Common Stock | Jan 29, 2018 | M | 68,688 | $52.93 | A | 388,109 | D | |
| Common StockF4 | Jan 29, 2018 | S | 141,148 | $111.87 | D | 246,961 | 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)F5 | $110.15 | Jan 25, 2018 | A | 215,336 | A | — | Jan 25, 2028 | Common Stock | 215,336 | 215,336 | D |
| NQ Stock Option (Right to Buy)F6 | $44.09 | Jan 25, 2018 | M | 69,187 | D | — | Jan 23, 2024 | Common Stock | 69,187 | 0 | D |
| NQ Stock Option (Right to Buy)F7 | $79.26 | Jan 26, 2018 | M | 56,866 | D | — | Jan 26, 2027 | Common Stock | 56,866 | 170,599 | D |
| NQ Stock Option (Right to Buy)F8 | $53.94 | Jan 29, 2018 | M | 72,460 | D | — | Jan 28, 2025 | Common Stock | 72,460 | 72,460 | D |
| NQ Stock Option (Right to Buy)F9 | $52.93 | Jan 29, 2018 | M | 68,688 | D | — | Jan 29, 2026 | Common Stock | 68,688 | 137,376 | 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 $110.00 to $110.78. 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 $110.00 to $110.41. 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 $111.50 to $112.34. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F5The option becomes exercisable in four equal annual installments beginning on January 25, 2019.
- F6The option became exercisable in four equal annual installments beginning on January 23, 2015.
- F7The option becomes exercisable in four equal annual installments beginning on January 26, 2018.
- F8The option becomes exercisable in four equal annual installments beginning on January 28, 2016.
- F9The option becomes exercisable in four equal annual installments beginning on January 29, 2017.