SEC Form 4 · accession 0001127602-17-002509
TERADYNE, INC · TER
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter G. Vahey
Officer — President, Systems Test Group
Period of report
Jan 24, 2017
Accepted (ET)
Jan 26, 2017 · 4:58 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 | 1,236 | $26.53 | D | 64,650 | D | |
| Common Stock | Jan 24, 2017 | M | 2,375 | $26.53 | A | 62,258 | D | |
| Common Stock | Jan 24, 2017 | M | 3,628 | $26.53 | A | 65,886 | D | |
| Common Stock | Jan 24, 2017 | F | 771 | $26.53 | D | 63,879 | D | |
| Common Stock | Jan 25, 2017 | M | 5,496 | $27.20 | A | 69,375 | D | |
| Common Stock | Jan 25, 2017 | F | 1,784 | $27.20 | D | 67,591 | D | |
| Common Stock | Jan 25, 2017 | M | 2,748 | $27.20 | A | 70,339 | D | |
| Common Stock | Jan 25, 2017 | F | 892 | $27.20 | D | 69,447 | 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 | 2,375 | D | — | — | Common Stock | 2,375 | 2,375 | D |
| Restricted Stock UnitsF3,F4 | $0.00 | Jan 24, 2017 | A | 3,628 | A | — | — | Common Stock | 3,628 | 3,628 | D |
| Restricted Stock UnitsF5 | $0.00 | Jan 24, 2017 | M | 3,628 | D | — | — | Common Stock | 3,628 | 0 | D |
| Restricted Stock UnitsF6 | $0.00 | Jan 25, 2017 | M | 5,496 | D | — | — | Common Stock | 5,496 | 0 | D |
| Restricted Stock UnitsF7 | $0.00 | Jan 25, 2017 | M | 2,748 | D | — | — | Common Stock | 2,748 | 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 the performance-based RSU's 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.