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TE Connectivity plc — Director's Dealing 2016
Dec 15, 2016
29970_dirs_2016-12-15_03c6fcaa-6cda-43df-bf22-273dcc602d9c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TE Connectivity Ltd. (TEL)
CIK: 0001385157
Period of Report: 2016-12-13
Reporting Person: CURTIN TERRENCE R (Director, President & Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-12-13 | Common Shares | M | 21533.0000 | $0.0000 | Acquired | 61714.0000 | Direct |
| 2016-12-13 | Common Shares | F | 9927.0000 | $71.3650 | Disposed | 51787.0000 | Direct |
| 2016-12-14 | Common Shares | S | 11606.0000 | $71.0168 | Disposed | 40181.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-12-13 | Performance Stock Units | $0.0000 | A | 8459.0000 | Acquired | Common Shares (8459.0000) | Direct | |
| 2016-12-13 | Performance Stock Units | $0.0000 | A | 6825.0000 | Acquired | Common Shares (6825.0000) | Direct | |
| 2016-12-13 | Performance Stock Units | $0.0000 | A | 1706.0000 | Acquired | Common Shares (1706.0000) | Direct | |
| 2016-12-13 | Performance Stock Units | $0.0000 | M | 21533.0000 | Disposed | Common Shares (21533.0000) | Direct |
Footnotes
F1: Settlement of Performance Stock Units upon vesting for an equivalent number of Common Shares of the Issuer.
F2: Not Applicable
F3: This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 5, 2016.
F4: The reported price is the weighted average price for the transactions on December 14, 2016. The range of prices for the transaction is from $70.73 to $71.59 per share. Information regarding the number of shares sold at each separate price will be provided upon request of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
F5: Conversion is 1-for-1.
F6: Includes 7,096 performance stock units issued and an additional 1,363 performance stock units issued as dividend equivalents as a result of the certification of the performance results for the third year of the performance cycle. The performance stock units vested on December 13, 2016, the certification date for the performance results for the third year of the performance cycle.
F7: Subject to acceleration upon certain events, the performance stock units vest on the later of (1) the third anniversary of the grant date, November 10, 2014, or (2) the certification date for the performance results for the third year of the performance cycle in December 2017, receive dividend equivalent stock units and convert to common shares upon vesting.
F8: Subject to acceleration upon certain events, the performance stock units vest on the certification date for the performance results for the third year of the performance cycle in December 2017, receive dividend equivalent stock units and convert to common shares upon vesting.
F9: Date Exercisable: December 13, 2016