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TERADYNE, INC Director's Dealing 2020

Jan 27, 2020

14837_dirs_2020-01-27_893bf86b-a94a-435a-a51f-499b5d5021ad.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TERADYNE, INC (TER)
CIK: 0000097210
Period of Report: 2020-01-24

Reporting Person: Vahey Walter G. (Exec. VP, Corp. Development)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-01-24 Common Stock A 2497 Acquired 71135 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-01-24 Non-qualified Stock Option (Right to Buy) $72.10 A 2903 Acquired 2027-01-24 Common Stock (2903) Direct

Footnotes

F1: 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.

F2: Includes (i) 2,625 RSUs granted on January 29, 2016 previously reported by the Reporting Person in Table II that vest on January 29, 2020; (ii) 3,572 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) 3,321 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) 6,183 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.

F3: Includes 183 shares acquired under the Issuer's Employee Stock Purchase Plan on December 31, 2019.

F4: This option vests 25% per year over four years beginning on January 24, 2021, the first anniversary of the grant.