Sec Form 4 Filing - Robbins Brad @ TERADYNE, INC - 2020-01-24

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Robbins Brad
2. Issuer Name and Ticker or Trading Symbol
TERADYNE, INC [ TER]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President, LitePoint Corp.
(Last) (First) (Middle)
TERADYNE, INC., 600 RIVERPARK DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
01/24/2020
(Street)
NORTH READING, MA01864
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/24/2020 A 2,414 ( 1 ) A $ 0 46,365 ( 2 ) ( 3 ) D
Common Stock 01/24/2020 S 8,000 D $ 72.65 ( 4 ) 38,365 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-qualified Stock Option (Right to Buy) $ 72.1 01/24/2020 A 2,806 ( 5 ) 01/24/2027 Common Stock 2,806 $ 0 2,806 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Robbins Brad
TERADYNE, INC.
600 RIVERPARK DRIVE
NORTH READING, MA01864
President, LitePoint Corp.
Signatures
/s/ Ryan E. Driscoll, Attorney-in-Fact 01/27/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents restricted stock units ("RSUs") granted to the Reporting Person under the Issuer's 2006 Equity and Cash Compensation Incentive Plan. Each RSU represents the right to receive one share of Common Stock. The RSUs will vest in four equal annual installments beginning on January 24, 2021.
( 2 )Includes (i) 2,574 RSUs granted on January 29, 2016 previously reported by the Reporting Person in Table II that vest on January 29, 2020; (ii) 3,502 RSUs granted on January 27, 2017 previously reported by the Reporting Person in Table II that vest in two equal installments on January 27, 2020 and January 27, 2021; (iii) 3,240 RSUs granted on January 26, 2018 previously reported by the Reporting Person in Table II that vest in three equal installments on January 26, 2020, January 26, 2021 and January 26, 2022; and (iv) 5,987 RSUs granted on January 25, 2019 previously reported by the Reporting Person in Table II that vest in four equal annual installments on January 25, 2020, January 25, 2021, January 25, 2022 and January 25, 2023.
( 3 )Includes 183 shares acquired under the Issuer's Employee Stock Purchase Plan on December 31, 2019.
( 4 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.55 to $72.68. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
( 5 )This option vests 25% per year over four years beginning on January 24, 2021, the first anniversary of the grant.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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