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TELEDYNE TECHNOLOGIES INC Director's Dealing 2011

Jan 27, 2011

30214_dirs_2011-01-27_aa585108-7b22-42c0-a98b-4fdce8161dd8.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TELEDYNE TECHNOLOGIES INC (TDY)
CIK: 0001094285
Period of Report: 2011-01-25

Reporting Person: SCHNITTJER DALE A (Senior VP & CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-01-25 Common Stock A 2621 Acquired 56909.9916 Direct
2011-01-25 Common Stock D 393 Disposed 56516.9916 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-01-25 Stock Option (right-to-buy) $46.86 A 15000 Acquired 2021-01-25 Common Stock (15000) Direct

Footnotes

F1: Represents restricted shares issued to the Reporting Person under the 2011 - 2013 Restricted Stock Award Program.

F2: Represents shares forfeited pursuant to the January 22, 2008 Restricted Stock Award Agreement.

F3: Reporting person holds 12,798.9916 shares directly and 43,718 shares held indirectly in The Schnittjer 2002 Trust, Co-Trustees, Dale A. Schnittjer and Victoria Lynn Schnittjer. Shares held directly include 2,799.9916 shares acquired under the Employee Stock Purchase Plan based on information received as of December 31, 2010.

F4: The options vest in three equal annual installments beginning January 25, 2012.