TERADYNE, INC — Director's Dealing 2003

Nov 12, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TERADYNE INC (TER)
CIK: 0000097210
Period of Report: 2003-11-10

Reporting Person: CARNESALE ALBERT (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-11-10	Common Stock	M	15000	$19.1563	Acquired	15800	Direct
2003-11-10	Common Stock	S	3400	$24.07	Disposed	12400	Direct
2003-11-10	Common Stock	S	11600	$24.00	Disposed	800	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-11-10	Non-Qualified Stock Option (Right to Buy)	$19.1563	M	15000	Disposed	2003-12-15	Common Shares (15000)	Direct

Footnotes

F1: This option is granted under Teradyne's 1996 Non-Employee Director Stock Option Plan and is exerciseable at the rate of 25% per annum, commencing on 12/15/1999.