Aaron Kyle Stucki - May 15, 2024 Form 4 Insider Report for TE Connectivity Ltd. (TEL)

Signature
H. Gregory Barksdale, attorney-in-fact
Stock symbol
TEL
Transactions as of
May 15, 2024
Transactions value $
-$416,300
Form type
4
Date filed
5/16/2024, 04:30 PM
Previous filing
Dec 13, 2023
Next filing
Jul 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TEL Common Shares Options Exercise $334K +5K +24.35% $66.74 25.5K May 15, 2024 Direct F1
transaction TEL Common Shares Sale -$750K -5K -19.58% $150.00 20.5K May 15, 2024 Direct F1

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 TEL Stock Option (Right to Buy) Options Exercise $0 -5K -26.67% $0.00 13.8K May 15, 2024 Common Shares 5K $66.74 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 22, 2023.
F2 The option vest 25% over 4 years from grant date 11/14/2016