SEC Form 4 · accession 0001094285-16-000265
TELEDYNE TECHNOLOGIES INC · TDY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Melanie Susan Cibik
Officer — Sr.VP, GenCounsel, CCO & Sec.
Period of report
Aug 29, 2016
Accepted (ET)
Aug 30, 2016 · 8:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001094285
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 29, 2016 | M | 7,000 | $64.73 | A | 35,067 | D | |
| Common StockF1 | Aug 29, 2016 | S | 7,000 | $108.4725 | D | 28,067 | D | |
| Common StockF2,F3 | Aug 29, 2016 | I | 2,881 | $108.19 | D | 25,193 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right-to-buy)F4 | $64.73 | Aug 29, 2016 | M | 7,000 | D | Apr 25, 2013 | Apr 25, 2022 | Common Stock | 7,000 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $108.40 to $108.75. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F2Represents the intraplan exchange of 3,513.642 units of the Teledyne Common Stock Fund in the Teledyne Technologies Incorporated 401(k) Plan, which represents 2,881 equivalent shares of Teledyne common stock.
- F3Reporting Person holds 28,067.0207 shares directly, and includes 275.8507 shares purchased under the Employee Stock Purchase Plan based on information received as of January 25, 2016.
- F4The options vest in three equal annual installments beginning April 25, 2013. The first vesting date is stated.