SEC Info - Guertin Timothy E - ‘4’ for 5/7/20 re: Teradyne, Inc.

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

GUERTIN TIMOTHY E

(Last)

(First)

(Middle)

TERADYNE, INC.

600 RIVERPARK DRIVE

(Street)

NORTH READING

01864

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
TERADYNE, INC [ TER ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
5/7/20

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	5/7/20		M		4,157 ⁽²⁾	A	$0	65,396 ⁽³⁾	D
Common Stock	5/8/20		A		3,073 ⁽⁴⁾	A	$0	68,469	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	5/7/20		M			4,157	⁽¹⁾	⁽¹⁾	Common Stock	4,157	$0	0	D

Explanation of Responses:

(1) 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 are time-based, and will vest in full on the earlier of May 7, 2020 or the date of the Issuer's 2020 Annual Meeting of Shareholders.

(2) At the election of the Reporting Person, upon vesting of the RSUs these shares were converted into Phantom Stock Units (PSUs) pursuant to the Issuer's Deferral Plan for Non-Employee Directors (as restated on May 25, 2006). The PSUs are to be settled one-for-one in Common Stock generally within ninety days of the date as of which the non-employee director no longer serves in such capacity.

(3) Includes 45,987 PSUs previously reported in Table II.

(4) Represents 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 are time-based, and will vest in full on the earlier of May 8, 2021 or the date of the Issuer's 2021 Annual Meeting of Shareholders.

Remarks:

	/s/ Ryan E. Driscoll, Attorney-in-Fact	5/11/20
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

____________ Transaction Codes:
A	Grant, award or other acquisition pursuant to Rule 16b-3(d).
M	Exercise or conversion of derivative security exempted pursuant to Rule 16b-3.

Guertin Timothy E – ‘4’ for 5/7/20 re: Teradyne, Inc.

On: Monday, 5/11/20, at 7:24pm ET · For: 5/7/20 · Accession #: 904454-20-351 · File #: 1-06462

Previous ‘4’: ‘4’ on 2/12/20 for 2/10/20 · Next: ‘4’ on 10/6/20 for 10/2/20 · Latest: ‘4’ on 3/19/24 for 3/15/24

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Guertin Timothy E – ‘4’ for 5/7/20 re: Teradyne, Inc.

On: Monday, 5/11/20, at 7:24pm ET · For: 5/7/20 · Accession #: 904454-20-351 · File #: 1-06462

Previous ‘4’: ‘4’ on 2/12/20 for 2/10/20 · Next: ‘4’ on 10/6/20 for 10/2/20 · Latest: ‘4’ on 3/19/24 for 3/15/24

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents