Scott A. Rust - May 2, 2022 Form 4 Insider Report for NATIONAL INSTRUMENTS CORP (NATI)

Signature
/s/ Deborah Donahue as attorney-in-fact for Scott Arthur Rust
Stock symbol
NATI
Transactions as of
May 2, 2022
Transactions value $
-$172,531
Form type
4
Date filed
5/4/2022, 03:24 PM
Previous filing
Mar 10, 2022
Next filing
Aug 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NATI Common Stock Award $5.31K +173 +0.36% $30.72 47.6K May 2, 2022 Direct F1
transaction NATI Common Stock Options Exercise +6.19K +12.99% 53.8K May 2, 2022 Direct F2
transaction NATI Common Stock Sale -$178K -4.92K -9.14% $36.14 48.9K May 2, 2022 Direct F3

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 -315 -100% $0.00* 0 May 2, 2022 Common Stock 315 Direct F2, F4
transaction NATI Restricted Stock Units Options Exercise $0 -609 -84% $0.00 116 May 2, 2022 Common Stock 609 Direct F2, F4
transaction NATI Restricted Stock Units Options Exercise $0 -676 -51.37% $0.00 640 May 2, 2022 Common Stock 676 Direct F2, F4
transaction NATI Restricted Stock Units Options Exercise $0 -2.03K -35.98% $0.00 3.61K May 2, 2022 Common Stock 2.03K Direct F2, F4
transaction NATI Restricted Stock Units Options Exercise $0 -2.56K -37.77% $0.00 4.22K May 2, 2022 Common Stock 2.56K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired under the Issuer's Employee Stock Purchase Plan in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F3 The sales reported in this Form 4 were non-discretionary sales to satisfy the reporting person's tax withholding obligation.
F4 The restricted stock units vest and become exercisable based on time and performance milestones set by the Issuer.