Aaron Kyle Stucki - 11 Jul 2024 Form 4 Insider Report for TE Connectivity Ltd. (TEL)

Signature
H. Gregory Barksdale, attorney-in-fact
Issuer symbol
TEL
Transactions as of
11 Jul 2024
Net transactions value
-$772,275
Form type
4
Filing time
11 Jul 2024, 17:14:54 UTC
Previous filing
16 May 2024
Next filing
08 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TEL Common Shares Options Exercise $583,975 +8,750 +43% $66.74 29,306 11 Jul 2024 Direct F1
transaction TEL Common Shares Sale $1,356,250 -8,750 -30% $155.00 20,556 11 Jul 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 -8,750 -64% $0.000000 5,000 11 Jul 2024 Common Shares 8,750 $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.