UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED):
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Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| ITEM 5.03. | Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year |
On July 16, 2020, the Board of Directors of Texas Instruments Incorporated (the “Company”) approved By-Law amendments to clarify annual meeting practices and clarify certain governance practices in rare circumstances like a pandemic, and to align with developments in Delaware law and address other administrative matters.
Article II, Sections 1 and 3-5 have been updated to remove the default date and location of the annual stockholders meeting and to clarify the Company’s ability to hold the meeting virtually and to adjourn, postpone, and establish rules of order for the meeting.
Article II, Sections 9 and 10 have been updated to require disclosure of record ownership and other information when submitting nominees and other proposals outside of the Exchange Act Rule 14a-8 process.
Article III, Sections 2-4 and 7-9 have been updated to refresh outdated board practices, including to clarify governance procedures in rare circumstances like a pandemic, to no longer distinguish an annual board meeting from a regular board meeting, and to remove the default number of directors.
Article IV, Section 1 was updated to mirror Delaware law regarding stock certificate issuances.
Other technical and administrative changes were also approved by the Board of Directors, including changes to clarify that electronic communications are considered written.
The foregoing description of the Company’s By-Laws is qualified in all respects by reference to the text of the By-Laws, which are attached hereto as Exhibit 3 and incorporated herein by reference.
| ITEM 9.01. | Exhibits |
| Designation |
Description of Exhibit | |||
| 3 |
Texas Instruments Incorporated By-laws, as amended on July 16, 2020 | |||
| 104 |
Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| TEXAS INSTRUMENTS INCORPORATED | ||||||
| Date: July 16, 2020 |
By: |
/s/ Cynthia Hoff Trochu | ||||
| Cynthia Hoff Trochu | ||||||
| Senior Vice President, Secretary and | ||||||
| General Counsel | ||||||