SEC Form 4 · accession 0001127602-16-038142
TERADYNE, INC · TER
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory R Beecher
Officer — VP and CFO
Period of report
Jan 27, 2016
Accepted (ET)
Jan 28, 2016 · 9:57 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000097210
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 27, 2016 | M | 11,726 | $19.94 | A | 129,449 | D | |
| Common Stock | Jan 27, 2016 | F | 3,806 | $19.94 | D | 125,643 | D | |
| Common Stock | Jan 27, 2016 | M | 5,863 | $19.94 | A | 131,506 | D | |
| Common Stock | Jan 27, 2016 | F | 1,903 | $19.94 | D | 129,603 | D |
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 | Jan 27, 2016 | M | 11,726 | D | — | — | Common Stock | 11,726 | 0 | D |
| Restricted Stock UnitsF1,F3 | $0.00 | Jan 27, 2016 | M | 5,863 | D | — | — | Common Stock | 5,863 | 0 | D |
Explanation of responses
- F1Each RSU represents the right to receive one share of Teradyne, Inc. common stock.
- F2These are performance-based RSU's. The number of performance-based RSU's was determined on January 22, 2013 and will vest in four equal annual installments beginning on January 27, 2013.
- F3These RSU's were issued under Teradyne's 2006 Equity and Cash Compensation Incentive Plan, are time-based, and will vest in four equal installments beginning on January 27, 2013.