Scott A. Rust - May 1, 2023 Form 4 Insider Report for NATIONAL INSTRUMENTS CORP (NATI)

Role
Executive Vice President
Signature
/s/ Deborah Donahue as attorney-in-fact for Scott Arthur Rust
Stock symbol
NATI
Transactions as of
May 1, 2023
Transactions value $
-$201,724
Form type
4
Date filed
5/3/2023, 11:15 AM
Previous filing
Apr 4, 2023
Next filing
May 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NATI Common Stock Award $5.69K +124 +0.19% $45.90 64.8K May 1, 2023 Direct F1
transaction NATI Common Stock Options Exercise +5.12K +7.9% 69.9K May 1, 2023 Direct F2
transaction NATI Common Stock Tax liability -$207K -3.56K -5.09% $58.23 66.4K May 1, 2023 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NATI Restricted Stock Units Options Exercise $0 -116 -100% $0.00* 0 May 1, 2023 Common Stock 116 Direct F2, F4
transaction NATI Restricted Stock Units Options Exercise $0 -640 -100% $0.00* 0 May 1, 2023 Common Stock 640 Direct F2, F4
transaction NATI Restricted Stock Units Options Exercise $0 -1.97K -54.68% $0.00 1.64K May 1, 2023 Common Stock 1.97K Direct F2, F4
transaction NATI Restricted Stock Units Options Exercise $0 -2.45K -58.03% $0.00 1.77K May 1, 2023 Common Stock 2.45K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired under the Issuer's Employee Stock Purchase Plan in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F3 The shares reported in this Form 4 were withheld to satisfy the reporting person's tax withholding obligation.
F4 The restricted stock units vest and become exercisable based on time and performance milestones set by the Issuer.