SEC Form 4 · accession 0001127602-18-002878
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
Jan 26, 2018
Accepted (ET)
Jan 29, 2018 · 6:12 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 | Jan 25, 2018 | M | 61,500 | $44.09 | A | 208,489 | D | |
| Common StockF1 | Jan 25, 2018 | S | 19,705 | $109.62 | D | 188,784 | D | |
| Common StockF2 | Jan 25, 2018 | S | 34,324 | $110.59 | D | 154,460 | D | |
| Common StockF3 | Jan 25, 2018 | S | 7,471 | $111.14 | D | 146,989 | D | |
| Common StockF4 | Jan 25, 2018 | A | 18,158 | $0.00 | A | 165,147 | 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 | $44.09 | Jan 25, 2018 | M | 61,500 | D | — | Jan 23, 2024 | Common Stock | 61,500 | 0 | D |
| NQ Stock Option (Right to Buy)F6 | $110.15 | Jan 25, 2018 | A | 86,135 | A | — | Jan 25, 2028 | Common Stock | 86,135 | 86,135 | D |
Explanation of responses
- F1The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $109.11 to $110.08. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F2The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $110.10 to $110.98. 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 $111.00 to $111.35. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F4Award of restricted stock units pursuant to 2009 Long-Term Incentive Plan.
- F5The option became exercisable in four equal annual installments beginning on January 23, 2015.
- F6The option becomes exercisable in four equal annual installments beginning on January 25, 2019.