Teledyne Technologies Incorporated (NYSE:TDY) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Principal Officers; Election
of Directors; Appointment of Principal Officers; Compensatory
Arrangements of Certain Officers
(“Teledyne”) filed a Current Report on Form 8-K reporting that
on December 20, 2016, the Personnel and Compensation Committee of
the Teledyne Board made a special one-time grant of a Restricted
Stock Unit (RSU) Award consisting of 16,045 RSUs to Robert
Mehrabian, Teledyne’s President, Chairman and Chief Executive
Officer.
8-K/A is the Restricted Stock Unit Agreement related to the
December 20, 2016 grant. The summary description of the RSU Award
in the December 22, 2016 filing is subject to, and qualified in
its entirety by, the full text of the Restricted Stock Unit
Agreement, which is incorporated herein by reference.
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Exhibit 10.1
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Restricted Stock Unit Agreement, dated December 20, 2016,
by and among Teledyne Technologies Incorporated and Robert Mehrabian |
About Teledyne Technologies Incorporated (NYSE:TDY)
Teledyne Technologies Incorporated provides enabling technologies for industrial markets. The Company caters to a range of markets, which include deepwater oil and gas exploration and production, oceanographic research, and air and water quality environmental monitoring. Its products include monitoring and control instrumentation for marine and environmental applications, harsh environment interconnects, and electronic test and measurement equipment. The Company operates through four segments: Instrumentation, which provides monitoring and control instruments for marine, environmental, industrial and other applications; Digital Imaging, which include sensors, cameras and systems, within the visible, infrared, ultraviolet and X-radiation (X-ray) spectra; Aerospace and Defense Electronics, which provides electronic components, subsystems and communications products, and Engineered Systems, which provides systems engineering and integration and technology development. Teledyne Technologies Incorporated (NYSE:TDY) Recent Trading Information
Teledyne Technologies Incorporated (NYSE:TDY) closed its last trading session down -0.75 at 122.61 with 92,432 shares trading hands.