TEXAS INSTRUMENTS INC — Director's Dealing 2016

May 10, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEXAS INSTRUMENTS INC (TXN)
CIK: 0000097476
Period of Report: 2016-05-09

Reporting Person: CRUTCHER BRIAN T (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-09	Common Stock	M	59375	$32.36	Acquired	425591	Direct
2016-05-09	Common Stock	S	59375	$57.0405	Disposed	366216	Direct
2016-05-09	Common Stock	M	56250	$32.80	Acquired	422466	Direct
2016-05-09	Common Stock	S	56250	$57.0405	Disposed	366216	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-05-09	NQ Stock Option (Right to Buy)	$32.36	M	59375	Disposed	2022-01-26	Common Stock (59375)	Direct
2016-05-09	NQ Stock Option (Right to Buy)	$32.80	M	56250	Disposed	2023-01-25	Common Stock (56250)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	59219	Indirect

Footnotes

F1: The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $57.000 to $57.1300. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.

F2: Shares held in trust for the benefit of family members of which reporting person is a trustee.

F3: The option becomes exercisable in four equal annual installments beginning on January 26, 2013.

F4: The option becomes exercisable in four equal annual installments beginning on January 25, 2014.