SEC Form 4 · accession 0001127602-19-003182
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 29, 2019
Accepted (ET)
Jan 31, 2019 · 3:45 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 29, 2019 | M | 2,625 | $36.34 | A | 59,242 | D | |
| Common Stock | Jan 29, 2019 | F | 756 | $36.34 | D | 58,486 | D | |
| Common Stock | Jan 30, 2019 | M | 12,536 | $36.34 | A | 71,022 | D | |
| Common Stock | Jan 30, 2019 | F | 3,686 | $36.34 | D | 67,336 | D | |
| Common Stock | Jan 30, 2019 | M | 13,124 | $36.34 | A | 80,460 | D | |
| Common Stock | Jan 30, 2019 | F | 4,413 | $36.34 | D | 76,047 | D | |
| Common Stock | Jan 30, 2019 | M | 2,625 | $36.90 | A | 78,672 | D | |
| Common Stock | Jan 30, 2019 | F | 1,166 | $36.90 | D | 77,506 | 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 29, 2019 | M | 2,625 | D | — | — | Common Stock | 2,625 | 2,625 | D |
| Restricted Stock UnitsF3,F4 | $0.00 | Jan 29, 2019 | A | 25,660 | A | — | — | Common Stock | 25,660 | 25,660 | D |
| Restricted Stock UnitsF5 | $0.00 | Jan 30, 2019 | M | 12,536 | D | — | — | Common Stock | 12,536 | 13,124 | D |
| Restricted Stock UnitsF5 | $0.00 | Jan 30, 2019 | M | 13,124 | D | — | — | Common Stock | 13,124 | 0 | D |
| Restricted Stock UnitsF6 | $0.00 | Jan 30, 2019 | M | 2,625 | D | — | — | Common Stock | 2,625 | 0 | 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 RSU's granted on January 29, 2016. The remaining portion will vest on January 29, 2020.
- F3Each Restricted Stock Unit (RSU) represents the right to receive one share of Teradyne, Inc. common stock.
- F4These are performance-based RSU's granted on January 29, 2016. The number of performance-based RSU's was determined on January 29, 2019 and vest in full on January 29, 2019.
- F5Indicates conversion upon vesting of 100% of performance-based RSU's granted on January 29, 2016.
- F6Indicates conversion upon vesting of the final 25% of the time-based RSU's granted on January 30, 2015.