Richard John Burns - Oct 1, 2024 Form 4 Insider Report for TERADYNE, INC (TER)

Role
President, Semiconductor Test
Signature
/s/ Ryan E. Driscoll, Attorney-in-Fact
Stock symbol
TER
Transactions as of
Oct 1, 2024
Transactions value $
-$111,581
Form type
4
Date filed
10/3/2024, 06:15 PM
Previous filing
May 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TER Common Stock Options Exercise $64.1K +789 +3.61% $81.30 22.7K Oct 1, 2024 Direct F1, F3
transaction TER Common Stock Sale -$105K -789 -3.48% $132.80 21.9K Oct 1, 2024 Direct F1
transaction TER Common Stock Tax liability -$46.2K -358 -1.64% $128.99 21.5K Oct 1, 2024 Direct F4
transaction TER Common Stock Sale -$24.8K -191 -0.89% $129.68 21.3K Oct 2, 2024 Direct F1

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 -789 -100% $0.00 0 Oct 1, 2024 Common Stock 789 $81.30 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 The reported transactions were effected pursuant to a sales plan adopted by the Reporting Person on February 15, 2024 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 October 1, 2021, the first anniversary of the grant.
F3 Includes 84.2919 shares acquired under the Issuer's Employee Stock Purchase Plan on June 28, 2024.
F4 Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of restricted stock units on October 1, 2024.