SEC Form 4 · accession 0001127602-17-003118
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 27, 2017
Accepted (ET)
Jan 31, 2017 · 4:17 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 30, 2017 | M | 2,625 | $28.80 | A | 72,072 | D | |
| Common Stock | Jan 30, 2017 | F | 852 | $28.80 | D | 71,220 | D | |
| Common Stock | Jan 30, 2017 | M | 2,625 | $28.80 | A | 73,845 | D | |
| Common Stock | Jan 30, 2017 | F | 852 | $28.80 | D | 72,993 | 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, 2017 | A | 7,143 | A | — | — | Common Stock | 7,143 | 7,143 | D |
| Non-qualified Stock Option (Right to Buy)F3 | $28.56 | Jan 27, 2017 | A | 7,153 | A | Jan 27, 2018 | Jan 27, 2024 | Common Stock | 7,153 | 7,153 | D |
| Restricted Stock UnitsF1,F4 | $0.00 | Jan 30, 2017 | M | 2,625 | D | — | — | Common Stock | 2,625 | 7,875 | D |
| Restricted Stock UnitsF1,F5 | $0.00 | Jan 30, 2017 | M | 2,625 | D | — | — | Common Stock | 2,625 | 5,249 | 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 Teradyne's 2006 Equity and Cash Compensation Inventive Plan, are time-based, and will vest in four equal installments beginning on January 27, 2018.
- F3This option is granted under Teradyne's 2006 Equity and Cash Compensation Incentive Plan, and is exercisable at the rate of 25% per year, commencing on the date of the first anniversary of the grant, January 27, 2018.
- F4These 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 29, 2017.
- F5These 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 30, 2016.