SEC Form 4 · accession 0001127602-19-002999
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bing Xie
Officer — Senior Vice President
Period of report
Jan 25, 2019
Accepted (ET)
Jan 29, 2019 · 7:50 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, 2019 | A | 10,057 | $0.00 | A | 70,587 | D | |
| By TrustF2,F3 | Jan 25, 2019 | S | 21,337 | $103.4126 | D | 46,713 | I | By Trust |
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)F4 | $104.41 | Jan 25, 2019 | A | 47,594 | A | — | Jan 25, 2029 | Common Stock | 47,594 | 47,594 | 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 $103.65 to $103.71. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F3Shares held in trust for the benefit of family members of which reporting person is a trustee.
- F4The option becomes exercisable in four equal annual installments beginning on January 25, 2020.