Gregory Stephen Smith - 28 Jan 2022 Form 4 Insider Report for TERADYNE, INC (TER)

Signature
/s/ Ryan E. Driscoll, Attorney-in-Fact
Issuer symbol
TER
Transactions as of
28 Jan 2022
Transactions value $
-$41,335
Form type
4
Filing time
01 Feb 2022, 16:34:06 UTC
Previous filing
28 Jan 2022
Next filing
25 Jan 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 28 Jan 2022 Direct F1
transaction TER Common Stock Tax liability -$41.3K -352 -1.25% $117.43 27.9K 31 Jan 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 28 Jan 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.