SEC Form 4 · accession 0001127602-18-017408
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Niels Anderskouv
Officer — Sr. Vice President
Period of report
May 11, 2018
Accepted (ET)
May 14, 2018 · 6:04 pm EDT
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 | May 11, 2018 | M | 20,191 | $44.09 | A | 110,187 | D | |
| Common StockF1 | May 11, 2018 | S | 20,191 | $110.13 | D | 89,996 | D | |
| Common Stock | May 14, 2018 | M | 18,246 | $44.09 | A | 108,242 | D | |
| Common Stock | May 14, 2018 | M | 32,936 | $53.94 | A | 141,178 | D | |
| Common Stock | May 14, 2018 | M | 31,222 | $52.93 | A | 172,400 | D | |
| Common StockF2 | May 14, 2018 | S | 82,404 | $110.09 | D | 89,996 | D | |
| Common Stock | holding | — | — | — | 56,166 | I | By wholly owned corporation |
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 | $44.09 | May 11, 2018 | M | 20,191 | D | — | Jan 23, 2024 | Common Stock | 20,191 | 18,246 | D |
| NQ Stock Option (Right to Buy)F3 | $44.09 | May 14, 2018 | M | 18,246 | D | — | Jan 23, 2024 | Common Stock | 18,246 | 0 | D |
| NQ Stock Option (Right to Buy)F4 | $53.94 | May 14, 2018 | M | 32,936 | D | — | Jan 28, 2025 | Common Stock | 32,936 | 32,937 | D |
| NQ Stock Option (Right to Buy)F5 | $52.93 | May 14, 2018 | M | 31,222 | D | — | Jan 29, 2026 | Common Stock | 31,222 | 62,444 | D |
Explanation of responses
- F1The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $110.00 to $110.47. 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 $100.00 to $110.31. 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 became exercisable in four equal annual installments beginning on January 23, 2015.
- F4The option becomes exercisable in four equal annual installments beginning on January 28, 2016.
- F5The option becomes exercisable in four equal annual installments beginning on January 29, 2017.