Eric H. Starkloff - May 1, 2023 Form 4 Insider Report for NATIONAL INSTRUMENTS CORP (NATI)

Role
President & CEO, Director
Signature
/s/ Deborah Donahue as attorney-in-fact for Eric H. Starkloff
Stock symbol
NATI
Transactions as of
May 1, 2023
Transactions value $
-$1,185,446
Form type
4
Date filed
5/3/2023, 11:35 AM
Previous filing
Mar 22, 2023
Next filing
Oct 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NATI Common Stock Options Exercise +9.48K +2.32% 417K May 1, 2023 Direct F1
transaction NATI Common Stock Tax liability -$1.19M -20.4K -4.88% $58.23 397K May 1, 2023 Direct F2

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 -192 -100% $0.00* 0 May 1, 2023 Common Stock 192 Direct F1, F3
transaction NATI Restricted Stock Units Options Exercise $0 -1.92K -100% $0.00* 0 May 1, 2023 Common Stock 1.92K Direct F1, F3
transaction NATI Restricted Stock Units Options Exercise $0 -3.29K -54.68% $0.00 2.73K May 1, 2023 Common Stock 3.29K Direct F1, F3
transaction NATI Restricted Stock Units Options Exercise $0 -4.08K -58.01% $0.00 2.95K May 1, 2023 Common Stock 4.08K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F2 The shares reported in this Form 4 were withheld to satisfy the reporting person's tax withholding obligation.
F3 The restricted stock units vest and become exercisable based on time and performance milestones set by the Issuer.