TELEDYNE TECHNOLOGIES INC — Director's Dealing 2012

Nov 26, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TELEDYNE TECHNOLOGIES INC (TDY)
CIK: 0001094285
Period of Report: 2012-11-21

Reporting Person: PICHELLI ALDO (Segment President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-21	Common Stock	M	431	$26.99	Acquired	52073.627	Direct
2012-11-21	Common Stock	M	1534	$19.27	Acquired	53607.627	Direct
2012-11-21	Common Stock	S	301	$62.60	Disposed	53306.627	Direct
2012-11-21	Common Stock	S	969	$62.60	Disposed	52337.627	Direct
2012-11-23	Common Stock	M	8569	$26.99	Acquired	60906.627	Direct
2012-11-23	Common Stock	M	8466	$19.27	Acquired	69372.627	Direct
2012-11-23	Common Stock	S	5975	$62.60	Disposed	63397.627	Direct
2012-11-23	Common Stock	S	5346	$62.60	Disposed	58051.627	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-21	Stock Option (right to buy)	$26.99	M	431	Disposed	2015-01-25	Common Stock (431.0)	Direct
2012-11-21	Stock Option (right-to-buy)	$19.27	M	1534	Disposed	2014-01-27	Common Stock (1534.0)	Direct
2012-11-23	Stock Option (right to buy)	$26.99	M	8569	Disposed	2015-01-25	Common Stock (8569.0)	Direct
2012-11-23	Stock Option (right-to-buy)	$19.27	M	8466	Disposed	2014-01-27	Common Stock (8466.0)	Direct

Footnotes

F1: At the completion of the reported transactions (exercise of stock options and sale of shares sufficient to cover aggregate exercise price and tax withholdings) Reporting Person holds 17,599.627 shares directly and 40,452 shares held indirectly by the Pichelli Living Trust. Shares held directly Include 518.0310 shares purchased under the Employee Stock Purchase Plan and 883.596 shares held in the Teledyne Technologies 401(k) Plan based on information received as of January 24, 2012.