SEC Form 4 · accession 0001127602-19-002860
TERADYNE, INC · TER
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brad Robbins
Officer — President of LitePoint Corp.
Period of report
Jan 25, 2019
Accepted (ET)
Jan 29, 2019 · 3:52 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 28, 2019 | M | 1,751 | $36.77 | A | 29,251 | D | |
| Common Stock | Jan 28, 2019 | F | 699 | $36.77 | D | 28,552 | D | |
| Common Stock | Jan 28, 2019 | M | 1,079 | $36.77 | A | 29,631 | D | |
| Common Stock | Jan 28, 2019 | F | 431 | $36.77 | D | 29,200 | 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 | — | Jan 25, 2019 | A | 5,987 | A | — | — | Common Stock | 5,987 | 5,987 | D |
| Non-qualified Stock Option (Right to Buy)F3 | $36.75 | Jan 25, 2019 | A | 5,361 | A | Jan 25, 2020 | Jan 25, 2026 | Common Stock | 5,361 | 5,361 | D |
| Restricted Stock UnitsF1,F4 | $0.00 | Jan 28, 2019 | M | 1,751 | D | — | — | Common Stock | 1,751 | 3,502 | D |
| Restricted Stock UnitsF1,F5 | $0.00 | Jan 28, 2019 | M | 1,079 | D | — | — | Common Stock | 1,079 | 3,240 | 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 Incentive Plan, are time-based, and will vest in four equal installments beginning on January 29, 2020.
- 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 29, 2020.
- F4These 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.
- 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 26, 2019.