SEC Form 4 · accession 0001127602-19-003216
TERADYNE, INC · TER
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory R Beecher
Officer — VP and CFO
Period of report
Jan 29, 2019
Accepted (ET)
Jan 31, 2019 · 5:00 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 | 7,411 | $36.34 | A | 50,190 | D | |
| Common Stock | Jan 29, 2019 | F | 2,179 | $36.34 | D | 48,011 | D | |
| Common Stock | Jan 30, 2019 | M | 35,391 | $36.34 | A | 83,402 | D | |
| Common Stock | Jan 30, 2019 | F | 14,580 | $36.34 | D | 68,822 | D | |
| Common Stock | Jan 30, 2019 | M | 37,056 | $36.34 | A | 105,878 | D | |
| Common Stock | Jan 30, 2019 | F | 16,453 | $36.34 | D | 89,425 | D | |
| Common Stock | Jan 30, 2019 | M | 7,735 | $36.90 | A | 97,160 | D | |
| Common Stock | Jan 30, 2019 | F | 3,435 | $36.90 | D | 93,725 | 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 | 7,411 | D | — | — | Common Stock | 7,411 | 7,412 | D |
| Restricted Stock UnitsF3,F4 | $0.00 | Jan 29, 2019 | A | 72,447 | A | — | — | Common Stock | 72,447 | 72,447 | D |
| Restricted Stock UnitsF5 | $0.00 | Jan 30, 2019 | M | 35,391 | D | — | — | Common Stock | 35,391 | 37,056 | D |
| Restricted Stock UnitsF5 | $0.00 | Jan 30, 2019 | M | 37,056 | D | — | — | Common Stock | 37,056 | 0 | D |
| Restricted Stock UnitsF6 | $0.00 | Jan 30, 2019 | M | 7,735 | D | — | — | Common Stock | 7,735 | 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 Restricted Stock Units (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.