TERADYNE, INC — Director's Dealing 2003

Aug 26, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TERADYNE INC (TER)
CIK: 0000097210
Period of Report: 2003-08-22

Reporting Person: ROGAS EDWARD JR (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-08-22	Common Shares	M	26400	$9.5938	Acquired	114052	Direct
2003-08-22	Common Shares	S	15000	$18.35	Disposed	99052	Direct
2003-08-22	Common Shares	S	600	$18.44	Disposed	98452	Direct
2003-08-22	Common Shares	S	4400	$18.45	Disposed	94052	Direct
2003-08-22	Common Shares	S	300	$18.46	Disposed	93752	Direct
2003-08-22	Common Shares	S	4700	$18.47	Disposed	89052	Direct
2003-08-22	Common Shares	S	1400	$18.50	Disposed	87652	Direct
2003-08-25	Common Shares	M	18600	$9.5938	Acquired	106252	Direct
2003-08-25	Common Shares	S	3800	$17.31	Disposed	102452	Direct
2003-08-25	Common Shares	S	9800	$17.32	Disposed	92652	Direct
2003-08-25	Common Shares	S	5000	$17.35	Disposed	87652	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-08-22	Non-Qualified Stock Option (Right to Buy)	$9.5938	M	26400	Disposed	2003-08-27	Common Shares (26400)	Direct
2003-08-25	Non-Qualified Stock Option (Right to Buy)	$9.5938	M	18600	Disposed	2003-08-27	Common Shares (18600)	Direct

Footnotes

F1: This option is granted under Teradyne's 1991 Employee Stock Option Plan, as amended, and is exerciseable at a rate of 20% on 8/27/98 and 20% per year thereafter, commencing on 8/27/99.