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TEXAS INSTRUMENTS INC — Director's Dealing 2016
Feb 2, 2016
29799_dirs_2016-02-02_e9c3fc75-97ad-4bf4-94e6-7f758a0d977c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TEXAS INSTRUMENTS INC (TXN)
CIK: 0000097476
Period of Report: 2016-01-29
Reporting Person: PATSLEY PAMELA H (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-01-29 | Common Stock | A | 1889 | — | Acquired | 27035 | Direct |
| 2016-01-29 | Common Stock | S | 7000 | $52.1228 | Disposed | 25146 | Direct |
| 2016-01-29 | Common Stock | M | 7000 | $28.32 | Acquired | 32146 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-01-29 | NQ Stock Option (Right to Buy) | $52.93 | A | 9990 | Acquired | 2026-01-29 | Common Stock (9990) | Direct |
| 2016-01-29 | NQ Stock Option (Right to Buy) | $28.32 | M | 7000 | Disposed | 2017-01-18 | Common Stock (7000) | Direct |
Footnotes
F1: Award of restricted stock units granted under the Texas Instruments 2009 Director Compensation Plan.
F2: The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $52.1210 to $52.1250. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
F3: The option becomes exercisable in four equal annual installments beginning on January 29, 2017.
F4: The option becomes exercisable in four equal annual installments beginning on January 18, 2008.