SEC Form 4 · accession 0001127602-18-003318
TERADYNE, INC · TER
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles Jeffrey Gray
Officer — VP,General Counsel & Secretary
Period of report
Jan 30, 2018
Accepted (ET)
Feb 1, 2018 · 4:35 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 | M | 3,564 | $46.33 | A | 37,057 | D | |
| Common Stock | Jan 30, 2018 | F | 1,585 | $46.33 | D | 35,472 | D | |
| Common Stock | Jan 30, 2018 | F | 11,234 | $46.33 | D | 51,767 | D | |
| Common Stock | Jan 30, 2018 | M | 27,529 | $46.33 | A | 63,001 | D | |
| Common Stock | Jan 31, 2018 | S | 6,372 | $46.77 | D | 45,395 | D | |
| Common Stock | Jan 31, 2018 | S | 95 | $45.85 | D | 45,300 | D | |
| Common Stock | Jan 31, 2018 | S | 16,200 | $45.865 | D | 29,100 | D | |
| Common Stock | Jan 31, 2018 | M | 3,640 | $18.10 | A | 32,740 | D | |
| Common Stock | Jan 31, 2018 | S | 3,640 | $46.77 | D | 29,100 | D | |
| Common Stock | Jan 31, 2018 | M | 2,629 | $28.56 | A | 31,729 | D | |
| Common Stock | Jan 31, 2018 | S | 2,629 | $46.77 | D | 29,100 | D | |
| Common Stock | Jan 31, 2018 | M | 3,302 | $19.43 | A | 32,402 | D | |
| Common Stock | Jan 31, 2018 | S | 3,302 | $46.77 | D | 29,100 | 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 | 3,564 | D | — | — | Common Stock | 3,564 | 3,564 | D |
| Restricted Stock UnitsF3,F4 | $0.00 | Jan 30, 2018 | A | 27,529 | A | — | — | Common Stock | 27,529 | 27,529 | D |
| Restricted Stock UnitsF5 | $0.00 | Jan 30, 2018 | M | 27,529 | D | — | — | Common Stock | 27,529 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F6 | $18.10 | Jan 31, 2018 | M | 3,640 | D | Jan 30, 2016 | Jan 30, 2022 | Common Stock | 3,640 | 3,640 | D |
| Non-qualified Stock Option (Right to Buy)F7 | $28.56 | Jan 31, 2018 | M | 2,629 | D | Jan 27, 2018 | Jan 27, 2024 | Common Stock | 2,629 | 7,890 | D |
| Non-qualified Stock Option (Right to Buy)F8 | $19.43 | Jan 31, 2018 | M | 3,302 | D | Jan 29, 2017 | Jan 29, 2023 | Common Stock | 3,302 | 6,604 | 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 30, 2015. The remaining portion will vest on January 30, 2019.
- F3Each RSU represents the right to receive one share of Teradyne, Inc. common stock.
- F4These 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.
- F5Indicates conversion upon vesting of 100% of performance-based RSU's granted on January 30, 2018.
- F6This 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.
- F7This 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.
- F8This 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.