TERADYNE, INC — Director's Dealing 2020

Jan 29, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TERADYNE, INC (TER)
CIK: 0000097210
Period of Report: 2020-01-27

Reporting Person: Gray Charles Jeffrey (VP, General Counsel, Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-27	Common Stock	A	23535	—	Acquired	75396	Direct
2020-01-27	Common Stock	F	9253	$69.49	Disposed	66143	Direct
2020-01-28	Common Stock	S	4102	$71.37	Disposed	62041	Direct
2020-01-28	Common Stock	M	2630	$28.56	Acquired	64671	Direct
2020-01-28	Common Stock	S	2630	$71.38	Disposed	62041	Direct
2020-01-28	Common Stock	M	1541	$47.70	Acquired	63582	Direct
2020-01-28	Common Stock	S	1541	$71.37	Disposed	62041	Direct
2020-01-28	Common Stock	M	1998	$36.75	Acquired	64039	Direct
2020-01-28	Common Stock	S	1998	$71.37	Disposed	62041	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-28	Stock Option (Right to Buy)	$28.56	M	2630	Disposed	2024-01-27	Common Stock (2630)	Direct
2020-01-28	Stock Option (Right to Buy)	$47.70	M	1541	Disposed	2025-01-26	Common Stock (1541)	Direct
2020-01-28	Stock Option (Right to Buy)	$36.75	M	1998	Disposed	2026-01-25	Common Stock (1998)	Direct

Footnotes

F1: Represents performance-based restricted stock units ("PRSUs") granted to the Reporting Person under the Issuer's 2006 Equity and Cash Compensation Incentive Plan on January 27, 2017. Each PRSU represents the right to receive one share of Common Stock. The number of PRSUs was determined and vested in full on January 27, 2020.

F2: Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of the PRSUs on January 27, 2020.

F3: The option vests 25% per year over four years beginning on January 27, 2018, the first anniversary of the grant.

F4: The option vests 25% per year over four years beginning on January 26, 2019, the first anniversary of the grant.

F5: The option vests 25% per year over four years beginning on January 25, 2020, the first anniversary of the grant.