SEC Form 4 · accession 0001127602-18-003297
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 30, 2018
Accepted (ET)
Feb 1, 2018 · 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, 2018 | F | 7,197 | $46.33 | D | 54,894 | D | |
| Common Stock | Jan 30, 2018 | M | 2,624 | $46.33 | A | 41,817 | D | |
| Common Stock | Jan 30, 2018 | M | 20,274 | $46.33 | A | 62,091 | D | |
| Common Stock | Jan 30, 2018 | F | 773 | $46.33 | D | 54,121 | 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 30, 2018 | M | 20,274 | D | — | — | Common Stock | 20,274 | 0 | D |
| Restricted Stock UnitsF3 | $0.00 | Jan 30, 2018 | M | 2,624 | D | — | — | Common Stock | 2,624 | 2,625 | D |
| Restricted Stock UnitsF4,F5 | $0.00 | Jan 30, 2018 | A | 20,274 | A | — | — | Common Stock | 20,274 | 20,274 | D |
Explanation of responses
- F1Shares/units withheld but not issued to satisfy certain tax withholding obligations.
- F2Indicates conversion upon vesting of 100% of performance-based Restricted Stock Units (RSU's) granted on January 30, 2018.
- F3Indicates conversion upon vesting of 25% of the time-based RSU's granted on January 30, 2015. The remaining portion will vest on January 30, 2019.
- F4Each RSU represents the right to receive one share of Teradyne, Inc. common stock.
- F5These are performance-based RSU's granted on January 30, 2015. The number of performance-based RSU's was determined on January 30, 2018 and vest in full on January 30, 2018.