Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Issuer Purchases of Equity Securities
The following table presents information about our purchases of our common shares during the quarter ended December 25, 2020:
Maximum
Total Number of
Approximate
Shares Purchased
Dollar Value
as Part of
of Shares that May
Total Number
Average Price
Publicly Announced
Yet Be Purchased
of Shares
Paid Per
Plans or
Under the Plans
Period
Purchased (1)
Share (1)
Programs (2)
or Programs (2)
September 26–October 23, 2020
436
$
97.27
—
$
995,115,788
October 24–November 27, 2020
627,241
108.50
507,500
940,030,817
November 28–December 25, 2020
662,698
117.44
614,200
867,937,104
Total
1,290,375
$
113.09
1,121,700
(1) These columns include the following transactions which occurred during the quarter ended December 25, 2020:
(i) the acquisition of 168,675 common shares from individuals in order to satisfy tax withholding requirements in connection with the vesting of restricted share awards issued under equity compensation plans; and
(ii) open market purchases totaling 1,121,700 common shares, summarized on a trade-date basis, in conjunction with the share repurchase program announced in September 2007.
(2) Our share repurchase program authorizes us to purchase a portion of our outstanding common shares from time to time through open market or private transactions, depending on business and market conditions. The share repurchase program does not have an expiration date .
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ITEM 6. EXHIBITS
Exhibit Number
Exhibit
10.1
‡*
Form of Option Award Terms and Conditions for Option Grants beginning in November 2020
10.2
‡*
Form of Restricted Stock Unit Award Terms and Conditions for RSU Grants Beginning in November 2020
10.3
‡*
Form of Performance Stock Unit Award Terms and Conditions for Performance Cycles Starting in and After Fiscal Year 2021
10.4
‡*
Employment Agreement between Shad Kroeger and TE Connectivity Corporation dated February 23, 2018
22.1
*
Guaranteed Securities
31.1
*
Certification by the Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2
*
Certification by the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1
**
Certification by the Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101.INS
XBRL Instance Document (1)(2)
101.SCH
XBRL Taxonomy Extension Schema Document (2)
101.CAL
XBRL Taxonomy Extension Calculation Linkbase Document (2)
101.DEF
XBRL Taxonomy Extension Definition Linkbase Document (2)
101.LAB
XBRL Taxonomy Extension Label Linkbase Document (2)
101.PRE
XBRL Taxonomy Extension Presentation Linkbase Document (2)
104
Cover Page Interactive Data File (3)
‡ Management contract or compensatory plan or arrangement
* Filed herewith
**
Furnished herewith
(1) Submitted electronically with this report in accordance with the provisions of Regulation S-T
(2) The instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document
(3) Formatted in Inline XBRL and contained in exhibit 101
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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, thereunto duly authorized.
TE CONNECTIVITY LTD.
By:
/s/ Heath A. Mitts
Heath A. Mitts
Executive Vice President and Chief Financial
Officer (Principal Financial Officer)
Date: January 28, 2021
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