Gregory Stephen Smith - Jan 28, 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 28, 2022
Transactions value $: -$41,335
Form type: 4
Date filed: 2/1/2022, 04:34 PM
Previous filing: Jan 28, 2022
Next filing: Jan 25, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TER	Common Stock	Award	$0	+4.01K	+16.57%	$0.00	28.2K	Jan 28, 2022	Direct	F1
transaction	TER	Common Stock	Tax liability	-$41.3K	-352	-1.25%	$117.43	27.9K	Jan 31, 2022	Direct	F2

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	+3.85K		$0.00	3.85K	Jan 28, 2022	Common Stock	3.85K	$112.12	Direct	F3

* 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	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.
F3	This option vests 25% per year over four years beginning on January 28, 2023, the first anniversary of the grant.