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: Robbins Brad (President, LitePoint Corp.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-24	Common Stock	A	2414	—	Acquired	46365	Direct
2020-01-24	Common Stock	S	8000	$72.65	Disposed	38365	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	2806	Acquired	2027-01-24	Common Stock (2806)	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) 2,574 RSUs granted on January 29, 2016 previously reported by the Reporting Person in Table II that vest on January 29, 2020; (ii) 3,502 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) 3,240 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) 5,987 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: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.55 to $72.68. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F5: This option vests 25% per year over four years beginning on January 24, 2021, the first anniversary of the grant.