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Investor Presentaiton

Number of Securities Underlying Unexercised Options (#) Name Unexercisable R. K. Templeton 489,557 (2) 129,110 387,330 (3) 301,346 301,346 (4) 393,750 131,250 (5) (2) The stock awards granted to the named executive officers in 2016 were RSU awards. These awards were made under the company's 2009 Long-Term Incentive Plan. For information on the terms and conditions of these RSU awards, please see the discussion following the Outstanding equity awards at fiscal year-end 2016 table. (3) The options were granted under the company's 2009 Long-Term Incentive Plan. For information on the terms and conditions of these options, please see the discussion following the Outstanding equity awards at fiscal year-end 2016 table. (4) The exercise price of the options is the closing price of TI common stock on January 29, 2016. (5) Shown is the aggregate grant date fair value computed in accordance with ASC 718 for stock and option awards in 2016. The discussion of the assumptions used for purposes of the valuation appears in Note 4 to the financial statements in TI's annual report on Form 10-K for the year ended December 31, 2016. None of the options or other equity awards granted to the named executive officers was repriced or modified by the company. For additional information regarding TI's equity compensation grant practices, please see the Compensation Discussion and Analysis. Outstanding equity awards at fiscal year-end 2016 The following table shows the outstanding equity awards for each of the named executive officers as of December 31, 2016. Number of Securities Underlying Unexercised Options (#) Exercisable Stock Awards Number of Shares or Units of Stock That Have Not Vested (#) Market Value of Shares or Units of Stock That Have Not Vested ($) (1) $ 6,755,271 $ 6,628,741 8,109,667 $ 12,769,750 Option Awards Option Exercise Price ($) $ 52.93 $ 53.94 $ 44.09 $ 32.80 475,000 $ 32.36 450,000 $ 34.63 Option Expiration Date 1/29/2026 1/28/2025 1/23/2024 1/25/2023 1/26/2022 1/27/2021 92,576 (6) 90,842 (7) 111,137 (8) 175,000 (9) 540,000 $ 23.05 1/28/2020 K. P. March 134,878 (2) $ 52.93 35,571 106,714 (3) $ 53.94 83,024 83,024 (4) $ 44.09 112,500 37,500 (5) $ 32.80 150,000 $ 32.36 1/29/2026 1/28/2025 1/23/2024 1/25/2023 1/26/2022 25,506 (6) 25,028 (7) $ 1,861,173 $ 1,826,293 30,620 (8) $ 2,234,341 50,000 (9) $ 3,648,500 B. T. Crutcher 274,751 (2) $ 52.93 72,459 217,380 (3) $ 53.94 1/29/2026 1/28/2025 51,956 (6) $ 3,791,229 50,983 (7) $ 3,720,230 138,374 (4) $ 44.09 1/23/2024 51,032 (8) $ 3,723,805 56,250 (5) $ 32.80 1/25/2023 75,000 (9) $ 5,472,750 K. J. Ritchie 199,819 (2) $ 52.93 1/29/2026 37,786 (6) $ 2,757,244 52,698 158,094 (3) $ 53.94 1/28/2025 37,079 (7) S. A. Anderson 50,063 83,024 122,999 (4) 50,000 (5) 189,828 (2) 150,189 (3) 83,024 (4) 34,375 (5) $ 44.09 1/23/2024 45,362 (8) $ 2,705,655 $ 3,310,065 $ 32.80 $ 52.93 1/29/2026 $53.94 1/28/2025 $ 44.09 1/23/2024 $ 32.80 1/25/2023 1/25/2023 66,667 (9) $ 4,864,691 35,897 (6) 35,225 (7) $ 2,619,404 $ 2,570,368 30,620 (8) $ 2,234,341 45,834 (9) $ 3,344,507 41,745 (10) $ 3,046,133 (1) Calculated by multiplying the number of RSUS by the closing price of TI common stock on December 30, 2016 ($72.97). (2) One-quarter of the shares became exercisable on January 29, 2017, and one-third of the remaining shares become exercisable on each of January 29, 2018, January 29, 2019, and January 29, 2020. TEXAS INSTRUMENTS 2017 PROXY STATEMENT 33 PROXY STATEMENT
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