SEC Form 4 · accession 0001127602-16-052008
TERADYNE, INC · TER
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy E Guertin
Director
Period of report
May 10, 2016
Accepted (ET)
May 12, 2016 · 5:10 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 | — | May 10, 2016 | M | 7,335 | D | — | — | Common Stock | 7,335 | 0 | D |
| Phantom Stock UnitsF3 | $0.00 | May 10, 2016 | M | 7,335 | A | — | — | Common Stock | 7,335 | 31,903 | D |
| Restricted Stock UnitsF1,F4 | — | May 10, 2016 | A | 9,235 | A | — | — | Common Stock | 9,235 | 9,235 | D |
Explanation of responses
- F1Each Restricted Stock Unit (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 the earlier of May 12, 2016 or the date the 2016 Annual Meeting of Shareholders is held.
- 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.
- F4These RSU's were issued under the Teradyne, Inc. 2006 Equity and Cash Compensation Incentive Plan, are time-based, and will vest in full on the earlier of May 10, 2017 or the date the 2017 Annual Meeting of Shareholders is held.