Scott Arthur Rust - 02 May 2022 Form 4 Insider Report for NATIONAL INSTRUMENTS CORP

Role
Executive Vice President
Signature
/s/ Deborah Donahue as attorney-in-fact for Scott Arthur Rust
Issuer symbol
N/A
Transactions as of
02 May 2022
Net transactions value
-$172,531
Form type
4
Filing time
04 May 2022, 15:24:03 UTC
Previous filing
10 Mar 2022
Next filing
09 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NATI Common Stock Award $5,314 +173 +0.36% $30.72 47,625 02 May 2022 Direct F1
transaction NATI Common Stock Options Exercise +6,188 +13% 53,813 02 May 2022 Direct F2
transaction NATI Common Stock Sale $177,845 -4,921 -9.1% $36.14 48,892 02 May 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% $0.000000* 0 02 May 2022 Common Stock 315 Direct F2, F4
transaction NATI Restricted Stock Units Options Exercise $0 -609 -84% $0.000000 116 02 May 2022 Common Stock 609 Direct F2, F4
transaction NATI Restricted Stock Units Options Exercise $0 -676 -51% $0.000000 640 02 May 2022 Common Stock 676 Direct F2, F4
transaction NATI Restricted Stock Units Options Exercise $0 -2,029 -36% $0.000000 3,610 02 May 2022 Common Stock 2,029 Direct F2, F4
transaction NATI Restricted Stock Units Options Exercise $0 -2,559 -38% $0.000000 4,217 02 May 2022 Common Stock 2,559 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.