TERADYNE, INC — Director's Dealing 2020

Jan 27, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Mehta Sanjay (VP and Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-24	Common Stock	A	6450	—	Acquired	40692	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	7499	Acquired	2027-01-24	Common Stock (7499)	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) 22,569 RSUs granted on May 1, 2019 previously reported by the Reporting Person in Table II that vest in two equal installments on May 1, 2020 and May 1, 2021; and (ii) 11,490 RSUs granted on May 1, 2019 previously reported by the Reporting Person in Table II that vest in four equal annual installments on May 1, 2020, May 1, 2021, May 1, 2022 and May 1, 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.