Jennifer Wuamett - Sep 15, 2023 Form 4 Insider Report for NXP Semiconductors N.V. (NXPI)

Role
EVP & General Counsel
Signature
/s/ Jennifer B. Wuamett by Timothy Shelhamer under Power of Attorney
Stock symbol
NXPI
Transactions as of
Sep 15, 2023
Transactions value $
-$1,552,537
Form type
4
Date filed
9/18/2023, 05:24 PM
Previous filing
May 8, 2023
Next filing
Oct 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXPI Common Stock Options Exercise $724K +8.39K +27.46% $86.25 39K Sep 15, 2023 Direct
transaction NXPI Common Stock Sale -$1.56M -7.81K -20.04% $199.35 31.2K Sep 15, 2023 Direct F1, F2
transaction NXPI Common Stock Sale -$330K -1.65K -5.31% $199.89 29.5K Sep 15, 2023 Direct F3, F4
transaction NXPI Common Stock Sale -$390K -1.93K -6.55% $201.54 27.6K Sep 15, 2023 Direct F5, F6

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 NXPI Stock Option (right to buy) Options Exercise $0 -8.39K -100% $0.00* 0 Sep 15, 2023 Common Stock 8.39K $86.25 Direct F7
* 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $198.69 to $199.68, inclusive. The reporting person undertakes to provide to NXP Semiconductors N.V., any security holder of NXP Semiconductors N.V., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2 The reported sale of 7,808 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 11, 2023.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $199.69 to $200.02, inclusive. The reporting person undertakes to provide to NXP Semiconductors N.V., any security holder of NXP Semiconductors N.V., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4 The reported sale of 1,653 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 11, 2023.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $200.83 to $201.91, inclusive. The reporting person undertakes to provide to NXP Semiconductors N.V., any security holder of NXP Semiconductors N.V., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F6 The reported sale of 1,933 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 11, 2023.
F7 The Stock Options vest at the rate of 25% per year on each anniversary of 10/29/2016 (subject to the terms of the reporting person's award agreement).