Statement of Changes in Beneficial Ownership (4)
January 21 2021 - 03:43PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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1. Name
and Address of Reporting Person * Rust Scott Arthur |
2. Issuer Name and Ticker or Trading
Symbol NATIONAL INSTRUMENTS CORP [ NATI ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
Senior Vice President |
(Last)
(First)
(Middle)
C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH
MOPAC |
3. Date of Earliest Transaction (MM/DD/YYYY)
1/19/2021
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(Street)
AUSTIN, TX 78759
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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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
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1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. 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 |
1/19/2021 |
|
A |
|
8768 |
A |
$0 |
58428 |
D |
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Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
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1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. 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 |
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 of Derivative Security: 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 |
Performance-Based Restricted Stock
Units |
(1) |
1/19/2021 |
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A |
|
8768 |
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(1) |
5/1/2036 |
Common Stock |
8768 |
$0 |
8768 |
D |
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Explanation of
Responses: |
(1) |
The number of
performance-based restricted stock units ("PRSUs") reported in
Table II represents the target number of PRSUs that were granted to
the reporting person pursuant to the Issuer's 2020 Equity Incentive
Plan. Per the terms of the award agreement governing the PRSUs, the
number of underlying shares of the Issuer's common stock that the
reporting person is ultimately entitled to receive at the time of
vesting ranges from 0% to 200% of the target number of PRSUs
granted, subject to how the Issuer's total shareholder return ranks
in comparison to companies that comprise the Russell 2000 Index
over a performance period consisting of the three years ended
December 31, 2023. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
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Director |
10% Owner |
Officer |
Other |
Rust Scott Arthur
C/O NATIONAL INSTRUMENTS CORPORATION
11500 NORTH MOPAC
AUSTIN, TX 78759 |
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|
Senior Vice President |
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Signatures
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Deborah Donahue as attorney-in-fact for Scott
Arthur Rust |
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1/21/2021 |
**Signature of Reporting
Person |
Date |