Brad Robbins - Jan 23, 2023 Form 4 Insider Report for TERADYNE, INC (TER)

Signature
/s/ Ryan E. Driscoll, Attorney-in-Fact
Stock symbol
TER
Transactions as of
Jan 23, 2023
Transactions value $
-$193,602
Form type
4
Date filed
1/25/2023, 05:36 PM
Previous filing
Oct 3, 2022
Next filing
Jan 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TER Common Stock Options Exercise $77.4K +2.71K +6.04% $28.56 47.6K Jan 23, 2023 Direct F1, F3
transaction TER Common Stock Sale -$271K -2.71K -5.69% $100.00 44.9K Jan 23, 2023 Direct F1
transaction TER Common Stock Award $0 +9.42K +20.99% $0.00 54.3K Jan 23, 2023 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 -2.71K -38.64% $0.00 4.3K Jan 23, 2023 Common Stock 2.71K $28.56 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transactions were effected pursuant to a sales plan adopted by the Reporting Person and intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934.
F2 This option was granted under the Issuer's 2006 Equity and Cash Compensation Incentive Plan, and became exercisable at the rate of 25% per year commencing on January 27, 2018, the first anniversary of the grant.
F3 Includes 143 shares acquired under the Issuer's Employee Stock Purchase Plan on December 30, 2022.
F4 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 24, 2020. Each PRSU represents the right to receive one share of Common Stock. The number of PRSUs was determined on January 23, 2023 and vested in full on January 24, 2023.