SEC Form 4 · accession 0001127602-18-006686
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
Feb 15, 2018
Accepted (ET)
Feb 16, 2018 · 4:46 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 | Feb 15, 2018 | M | 49,955 | $52.93 | A | 169,740 | D | |
| Common StockF1 | Feb 15, 2018 | S | 49,955 | $103.0031 | D | 119,785 | 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 | Feb 15, 2018 | M | 49,955 | D | — | Jan 29, 2026 | Common Stock | 49,955 | 99,910 | D |
Explanation of responses
- F1The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $103.00 to $103.01. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F2The option becomes exercisable in four equal annual installments beginning on January 29, 2017.