Gregory Stephen Smith - Jan 25, 2022 Form 4 Insider Report for TERADYNE, INC (TER)

Role
President, Ind. Automation Grp
Signature
/s/ Ryan E. Driscoll, Attorney-in-Fact
Stock symbol
TER
Transactions as of
Jan 25, 2022
Transactions value $
-$1,872,611
Form type
4
Date filed
1/27/2022, 05:59 PM
Previous filing
Jan 26, 2022
Next filing
Jan 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TER Common Stock Award $0 +23.1K +83.93% $0.00 50.7K Jan 25, 2022 Direct F1
transaction TER Common Stock Tax liability -$1.37M -9.92K -19.56% $138.29 40.8K Jan 25, 2022 Direct F2
transaction TER Common Stock Tax liability -$108K -751 -1.84% $143.37 40K Jan 26, 2022 Direct F3
transaction TER Common Stock Sale -$235K -1.64K -4.09% $143.56 38.4K Jan 26, 2022 Direct F4
transaction TER Common Stock Options Exercise $79.1K +1.66K +4.32% $47.70 40K Jan 26, 2022 Direct F4
transaction TER Common Stock Sale -$238K -1.66K -4.14% $143.56 38.4K Jan 26, 2022 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TER Stock Option (Right to Buy) Options Exercise $0 -1.66K -100% $0.00* 0 Jan 26, 2022 Common Stock 1.66K $47.70 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 25, 2019. Each PRSU represents the right to receive one share of Common Stock. The number of PRSUs was determined and vested in full on January 25, 2022.
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 25, 2022.
F3 Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of restricted stock units on January 26, 2022.
F4 The reported transaction was effected pursuant to a sales plan adopted by Reporting Person and intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934.
F5 The option vests 25% per year over four years beginning on January 26, 2019, the first anniversary of the grant.