Texas Instruments SVP exercises options |
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Published
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Wed, 31 Oct 2007 22:10
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NEW YORK (AP) - A senior vice president at chip maker Texas Instruments Inc. exercised options for 200,000 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing Tuesday.In a Form 4 filed with the SEC, Gregg A. Lowe reported he exercised options for the shares Friday for $16.11 to $16.25 apiece and then sold the same number of them the same day for $31.72 to $32.05 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 This material may not be published, broadcast, rewritten, or redistributed.
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Texas Instruments director sells shares 