SEC Form 4 · accession 0001127602-17-017790
TERADYNE, INC · TER
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy E Guertin
Director
Period of report
May 9, 2017
Accepted (ET)
May 11, 2017 · 6:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000097210
Table I — non-derivative securities
No Table I lines on this filing.
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,F1 | — | May 9, 2017 | M | 9,235 | D | — | — | Common Stock | 9,235 | 0 | D |
| Phantom Stock UnitsF2 | $0.00 | May 9, 2017 | M | 9,235 | A | — | — | Common Stock | 9,235 | 41,138 | D |
| Restricted Stock UnitsF3,F4 | — | May 9, 2017 | A | 4,931 | A | — | — | Common Stock | 4,931 | 4,931 | D |
Explanation of responses
- F1Indicates conversion upon vesting of 100% of the time-based Restricted Stock Units (RSU's) granted on May 10, 2016 under the Teradyne, Inc. 2006 Equity and Cash Compensation Incentive Plan.
- F2At the election of the reporting person, upon vesting of the RSU's, the shares were converted into Phantom Stock Units (PSU's) pursuant to the Teradyne, Inc. Deferral Plan for Non-Employee Directors (as restated on May 25, 2006). The PSU's are to be settled 1 for 1 in the Issuer's common stock generally within ninety (90) days of the date the non-employee director no longer serves as such.
- F3Each Restricted Stock Unit (RSU) represents the right to receive one share of Teradyne, Inc. common stock.
- F4These RSU's were issued under the Teradyne, Inc. 2006 Equity and Cash Compensation Incentive Plan, are time-based, and will vest in full on the earlier of May 9, 2018 or the date the 2018 Annual Meeting of Shareholders is held.