SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* TEMPLETON RICHARD K (Last) (First) (Middle) 12500 TI BOULEVARD (Street) DALLAS TX 75243 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol TEXAS INSTRUMENTS INC [ TXN ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner X Officer (give title below) Other (specify below) Chairman, President & CEO
	3. Date of Earliest Transaction (Month/Day/Year) 02/02/2015
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/02/2015		M		175,000	A	$32.55	1,342,749	D
Common Stock	02/02/2015		M		135,000	A	$28.32	1,477,749	D
Common Stock	02/02/2015		S(1)		310,000	D	$52.9373	1,167,749	D
Common Stock	02/03/2015		M		175,000	A	$32.55	1,342,749	D
Common Stock	02/03/2015		M		135,000	A	$28.32	1,477,749	D
Common Stock	02/03/2015		S(2)		310,000	D	$54.083	1,167,749	D
Common Stock								43,056(3)	I	By Children
Common Stock								303.39(4)	I	By Trust--401(k)
Common Stock								12,496.12(5)	I	By Trust--PS

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
NQ Stock Option (Right to Buy)	$32.55	02/02/2015		M			175,000	(6)	01/19/2016	Common Stock	175,000	$0	175,000	D
NQ Stock Option (Right to Buy)	$28.32	02/02/2015		M			135,000	(7)	01/18/2017	Common Stock	135,000	$0	135,000	D
NQ Stock Option (Right to Buy)	$32.55	02/03/2015		M			175,000	(6)	01/19/2016	Common Stock	175,000	$0	0	D
NQ Stock Option (Right to Buy)	$28.32	02/03/2015		M			135,000	(7)	01/18/2017	Common Stock	135,000	$0	0	D

Explanation of Responses:

1. The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $52.41 to $53.60. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.

2. The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $53.70 to $54.48. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.

3. Beneficial ownership by reporting person disclaimed.

4. Estimated shares attributable to TI 401(k) Account as of 12-31-2014. (Interests in this account are denominated in units. Consequently, share amount shown is an estimate.) This statement does not include changes in beneficial ownership of shares held in this account occurring after 12-31-2014 that are eligible for deferred reporting on Form 5.

5. Estimated shares attributable to TI Universal Profit Sharing Account as of 12-31-2014. (Interests in this account are denominated in units. Consequently, share amount shown is an estimate.) This statement does not include changes in beneficial ownership of shares held in such account occurring after 12-31-2014 that are eligible for deferred reporting on Form 5.

6. The option becomes exercisable in four equal annual installments beginning on January 19, 2007.

7. The option becomes exercisable in four equal annual installments beginning on January 18, 2008.

	/s/ Daniel M. Drory, Attorney In Fact	02/03/2015
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.