Eric Howard Starkloff - 01 May 2023 Form 4 Insider Report for NATIONAL INSTRUMENTS CORP

Role
President & CEO, Director
Signature
/s/ Deborah Donahue as attorney-in-fact for Eric H. Starkloff
Issuer symbol
N/A
Transactions as of
01 May 2023
Net transactions value
-$1,185,446
Form type
4
Filing time
03 May 2023, 11:35:25 UTC
Previous filing
22 Mar 2023
Next filing
11 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NATI Common Stock Options Exercise +9,479 +2.3% 417,259 01 May 2023 Direct F1
transaction NATI Common Stock Tax liability $1,185,446 -20,358 -4.9% $58.23 396,901 01 May 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% $0.000000* 0 01 May 2023 Common Stock 192 Direct F1, F3
transaction NATI Restricted Stock Units Options Exercise $0 -1,919 -100% $0.000000* 0 01 May 2023 Common Stock 1,919 Direct F1, F3
transaction NATI Restricted Stock Units Options Exercise $0 -3,289 -55% $0.000000 2,726 01 May 2023 Common Stock 3,289 Direct F1, F3
transaction NATI Restricted Stock Units Options Exercise $0 -4,079 -58% $0.000000 2,952 01 May 2023 Common Stock 4,079 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.