SEC Form 4 · accession 0001127602-17-002514
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 24, 2017
Accepted (ET)
Jan 26, 2017 · 5:17 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 | 3,386 | $26.53 | D | 148,904 | D | |
| Common Stock | Jan 24, 2017 | M | 6,829 | $26.53 | A | 141,857 | D | |
| Common Stock | Jan 24, 2017 | M | 10,433 | $26.53 | A | 152,290 | D | |
| Common Stock | Jan 24, 2017 | F | 3,214 | $26.53 | D | 145,690 | D | |
| Common Stock | Jan 25, 2017 | M | 14,494 | $27.20 | A | 160,184 | D | |
| Common Stock | Jan 25, 2017 | F | 6,820 | $27.20 | D | 153,364 | D | |
| Common Stock | Jan 25, 2017 | M | 7,247 | $27.20 | A | 160,611 | D | |
| Common Stock | Jan 25, 2017 | F | 3,410 | $27.20 | D | 157,201 | 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 | 6,829 | D | — | — | Common Stock | 6,829 | 6,830 | D |
| Restricted Stock UnitsF3,F4 | $0.00 | Jan 24, 2017 | A | 10,433 | A | — | — | Common Stock | 10,433 | 10,433 | D |
| Restricted Stock UnitsF5 | $0.00 | Jan 24, 2017 | M | 10,433 | D | — | — | Common Stock | 10,433 | 0 | D |
| Restricted Stock UnitsF6 | $0.00 | Jan 25, 2017 | M | 14,494 | D | — | — | Common Stock | 14,494 | 0 | D |
| Restricted Stock UnitsF7 | $0.00 | Jan 25, 2017 | M | 7,247 | D | — | — | Common Stock | 7,247 | 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 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.