SEC Form 4 · accession 0001127602-17-002507
TERADYNE, INC · TER
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark E Jagiela
Officer — President and CEO · Director
Period of report
Jan 24, 2017
Accepted (ET)
Jan 26, 2017 · 4:51 pm 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 24, 2017 | F | 6,468 | $26.53 | D | 341,769 | D | |
| Common Stock | Jan 24, 2017 | M | 13,048 | $26.53 | A | 328,305 | D | |
| Common Stock | Jan 24, 2017 | M | 19,932 | $26.53 | A | 348,237 | D | |
| Common Stock | Jan 24, 2017 | F | 6,140 | $26.53 | D | 335,629 | D | |
| Common Stock | Jan 25, 2017 | M | 18,720 | $27.20 | A | 354,349 | D | |
| Common Stock | Jan 25, 2017 | F | 8,808 | $27.20 | D | 345,541 | D | |
| Common Stock | Jan 25, 2017 | M | 9,360 | $27.20 | A | 354,901 | D | |
| Common Stock | Jan 25, 2017 | F | 4,404 | $27.20 | D | 350,497 | 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 UnitsF2 | $0.00 | Jan 24, 2017 | M | 13,048 | D | — | — | Common Stock | 13,048 | 13,049 | D |
| Restricted Stock UnitsF3,F4 | $0.00 | Jan 24, 2017 | A | 19,932 | A | — | — | Common Stock | 19,932 | 19,932 | D |
| Restricted Stock UnitsF5 | $0.00 | Jan 24, 2017 | M | 19,932 | D | — | — | Common Stock | 19,932 | 0 | D |
| Restricted Stock UnitsF6 | $0.00 | Jan 25, 2017 | M | 18,720 | D | — | — | Common Stock | 18,720 | 0 | D |
| Restricted Stock UnitsF7 | $0.00 | Jan 25, 2017 | M | 9,360 | D | — | — | Common Stock | 9,360 | 0 | D |
Explanation of responses
- F1Shares/units withheld but not issued to satisfy certain tax withholding obligations.
- F2Indicates conversion upon vesting of 25% of the time-based Restricted Stock Units (RSU's) granted on January 24, 2014. The remaining portion will vest on the anniversary of the grant.
- F3Each Restricted Stock Unit (RSU) represents the right to receive one share of Teradyne, Inc. common stock.
- F4These are performance-based RSU's granted January 24, 2014. The number of performance-based RSU's was determined on January 24, 2017 and vest in full on January 24, 2017.
- F5Indicates conversion upon vesting of 100% of performance-based RSUs granted on January 24, 2014.
- F6Indicates conversion upon vesting of the final portion of the performance-based RSU's granted on January 25, 2013.
- F7Indicates conversion upon vesting of the final portion of the time-based RSU's granted on January 25, 2013.