Brad Robbins - Jan 27, 2023 Form 4 Insider Report for TERADYNE, INC (TER)

Role
President, LitePoint Corp.
Signature
/s/ Ryan E. Driscoll, Attorney-in-Fact
Stock symbol
TER
Transactions as of
Jan 27, 2023
Transactions value $
-$41,671
Form type
4
Date filed
1/31/2023, 04:40 PM
Previous filing
Jan 26, 2023
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TER Common Stock Award $0 +2.1K +4.22% $0.00 51.9K Jan 27, 2023 Direct F1
transaction TER Common Stock Tax liability -$41.7K -416 -0.8% $100.17 51.5K Jan 30, 2023 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 +1.77K $0.00 1.77K Jan 27, 2023 Common Stock 1.77K $103.44 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 27, 2024.
F2 Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of RSUs on January 28 and January 29, 2023.
F3 This option vests 25% per year over four years beginning on January 27, 2024, the first anniversary of the grant.