Sanjay Mehta - Jan 29, 2024 Form 4 Insider Report for TERADYNE, INC (TER)

Role
VP and Chief Financial Officer
Signature
/s/ Ryan E. Driscoll, Attorney-in-Fact
Stock symbol
TER
Transactions as of
Jan 29, 2024
Transactions value $
-$1,468,837
Form type
4
Date filed
1/31/2024, 05:58 PM
Previous filing
Jan 26, 2024
Next filing
Feb 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction TER Common Stock -Tax liability -$559,413 -5,274 -11.69% $106.07 39,833 Jan 29, 2024 Direct F1
transaction TER Common Stock -Sell -$560,303 -5,351 -13.43% $104.71 34,482 Jan 30, 2024 Direct F2, F3
transaction TER Common Stock -Sell -$349,120 -3,302 -9.58% $105.73 31,180 Jan 30, 2024 Direct F2, F4

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of restricted stock units and performance-based restricted stock units on January 29, 2024.
F2 The shares were sold pursuant to a sales plan adopted by the Reporting Person on May 12, 2023 and intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $104.35 to $105.35. The Reporting Person undertakes to provide to the Issuer, any shareholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $105.38 to $106.07. The Reporting Person undertakes to provide to the Issuer, any shareholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.