SEC Form 4 · accession 0001127602-19-006772
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
Feb 15, 2019
Accepted (ET)
Feb 19, 2019 · 4:07 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 Stock | Feb 15, 2019 | M | 32,937 | $53.94 | A | 118,122 | D | |
| Common Stock | Feb 15, 2019 | M | 31,222 | $52.93 | A | 149,344 | D | |
| Common StockF1 | Feb 15, 2019 | S | 64,159 | $107.2548 | D | 85,185 | 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)F2 | $53.94 | Feb 15, 2019 | M | 32,937 | D | — | Jan 28, 2025 | Common Stock | 32,937 | 0 | D |
| NQ Stock Option (Right to Buy)F3 | $52.93 | Feb 15, 2019 | M | 31,222 | D | — | Jan 29, 2026 | Common Stock | 31,222 | 31,222 | D |
Explanation of responses
- F1The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $107.25 to $107.305. 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 28, 2016.
- F3The option becomes exercisable in four equal annual installments beginning on January 29, 2017.