Company: TDY
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001094285-25-000053
Chunk: 111

Company: TELEDYNE TECHNOLOGIES INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 15
Chunk 111
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1,135,749 $278.34 4.71,032,102 $264.98 

76

Restricted StockThe following table shows restricted stock award activity:Employee Time-Based Restricted Stock UnitsEmployee Performance-Based Restricted Stock AwardsNon-Employee Directors Restricted Stock UnitsRestricted Stock: SharesWeighted average fair value per shareSharesWeighted average fair value per shareSharesWeighted average fair value per shareBalance, January 2, 202249,351 $409.41 37,829 $279.27 7,058 $308.54 Granted89,472 $360.39 19,492 $427.51 3,904 $451.13 Vested(15,698)$409.41 (17,522)$200.00 (1,440)$450.27 Forfeited/Canceled(5,653)$399.20 (398)$388.15 — $— Balance, January 1, 2023117,472 $372.51 39,401 $386.76 9,522 $345.57 Granted2,316 $418.20 14,139 $361.08 4,190 $404.92 Vested(39,705)$376.99 (9,106)$360.33 (1,880)$451.16 Forfeited/Canceled(10,644)$369.60 (2,616)$346.08 — $— Balance, December 31, 202369,439 $371.90 41,818 $357.43 11,832 $349.81 Granted70,341 $441.86 19,103 $397.78 4,680 $362.50 Vested(38,198)$378.01 (7,692)$334.92 (2,095)$404.92 Forfeited/Canceled(7,986)$399.90 (898)$334.92 — $— Balance, December 29, 202493,596 $419.76 52,331 $375.86 14,417 $345.92 Employee Time-based Restricted Stock UnitsThe Company recorded $15.6 million, $14.2 million and $7.8 million in compensation expense related to restricted stock units