SEC Form 4 · accession 0001127602-15-018291
TERADYNE, INC · TER
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy E Guertin
Director
Period of report
May 20, 2015
Accepted (ET)
May 22, 2015 · 3:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000097210
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $0.00 | May 20, 2015 | M | 8,442 | D | — | — | Common Stock | 8,442 | 0 | D |
| Phantom Stock UnitsF3 | $0.00 | May 20, 2015 | M | 8,442 | A | — | — | Common Stock | 8,442 | 24,568 | D |
Explanation of responses
- F1Each RSU represents the right to receive one share of Teradyne, Inc. common stock.
- F2These RSU's were issued under the Teradyne, Inc. 2006 Equity and Cash Compensation Incentive Plan, are time-based, and will vest in full on May 20, 2015.
- F3At the election of the reporting person, upon vesting of the RSU's, the shares were converted into Phantom Stock Units (PSU's) pursuant to the Teradyne, Inc. Deferral Plan for Non-Employee Directors (as restated on May 25, 2006). The PSU's are to be settled 1 for 1 in the Issuer's common stock generally within ninety (90) days of the date the non-employee director no longer serves as such.