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Texas Instruments director sells shares


Published :
Wed, 31 Oct 2007 20:09
By : Agencies
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NEW YORK (AP) - A director of chip maker Texas Instruments Inc. exercised options for 17,500 shares of common stock, according to a Securities and Exchange Commission filing.

In a Form 4 filed with the SEC Tuesday, David L. Boren reported he exercised the options Friday for $21.55 to $26.50 apiece and then sold all 17,500 shares on the same day for $31.95 to $31.97 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Texas Instruments is based in Dallas.

Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.




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