Walter G. Vahey - Jan 28, 2022 Form 4 Insider Report for TERADYNE, INC (TER)

Role
Exec. VP, Corp. Development
Signature
/s/ Ryan E. Driscoll, Attorney-in-Fact
Stock symbol
TER
Transactions as of
Jan 28, 2022
Transactions value $
-$21,607
Form type
4
Date filed
2/1/2022, 03:58 PM
Previous filing
Jan 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TER Common Stock Award $0 +1.74K +4.35% $0.00 41.8K Jan 28, 2022 Direct F1, F2
transaction TER Common Stock Tax liability -$21.6K -184 -0.44% $117.43 41.6K Jan 31, 2022 Direct F3

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) Award $0 +1.67K $0.00 1.67K Jan 28, 2022 Common Stock 1.67K $112.12 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 28, 2023.
F2 Adjusted to correct the number of shares reported as being withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of performance-based restricted stock units on January 25, 2022 on a Form 4 filed on January 27, 2022, which overstated the number of shares withheld by eight shares.
F3 Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of RSUs on January 29, 2022.
F4 This option vests 25% per year over four years beginning on January 28, 2023, the first anniversary of the grant.