SEC Form 4 · accession 0001127602-17-006990
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
Feb 15, 2017
Accepted (ET)
Feb 17, 2017 · 5:01 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 | Feb 15, 2017 | S | 30,000 | $29.00 | D | 42,993 | D | |
| Common Stock | Feb 15, 2017 | M | 11,208 | $16.56 | A | 54,201 | D | |
| Common Stock | Feb 15, 2017 | S | 11,208 | $29.00 | D | 42,993 | D | |
| Common Stock | Feb 15, 2017 | M | 6,216 | $19.16 | A | 49,209 | D | |
| Common Stock | Feb 15, 2017 | S | 6,216 | $29.00 | D | 42,993 | D | |
| Common Stock | Feb 15, 2017 | M | 5,361 | $18.10 | A | 48,354 | D | |
| Common Stock | Feb 15, 2017 | S | 5,361 | $29.00 | D | 42,993 | D | |
| Common Stock | Feb 15, 2017 | M | 2,405 | $19.43 | A | 45,398 | D | |
| Common Stock | Feb 15, 2017 | S | 2,405 | $29.00 | D | 42,993 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (Right to Buy)F1 | $16.56 | Feb 15, 2017 | M | 11,208 | D | Jan 25, 2014 | Jan 25, 2020 | Common Stock | 11,208 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F2 | $19.16 | Feb 15, 2017 | M | 6,216 | D | Jan 24, 2015 | Jan 24, 2021 | Common Stock | 6,216 | 2,072 | D |
| Non-qualified Stock Option (Right to Buy)F3 | $18.10 | Feb 15, 2017 | M | 5,361 | D | Jan 30, 2016 | Jan 30, 2022 | Common Stock | 5,361 | 5,362 | D |
| Non-qualified Stock Option (Right to Buy)F4 | $19.43 | Feb 15, 2017 | M | 2,405 | D | Jan 29, 2017 | Jan 29, 2023 | Common Stock | 2,405 | 7,218 | D |
Explanation of responses
- F1This 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 25, 2014.
- F2This 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 24, 2015.
- 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 30, 2016.
- F4This 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 29, 2017.