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TELEDYNE TECHNOLOGIES INC Director's Dealing 2011

Jun 9, 2011

30214_dirs_2011-06-09_ce8b8038-78d6-4e31-9bd0-d343af5a4390.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: 2011-06-07

Reporting Person: MILLER PAUL DAVID (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-06-07 Common Stock M 2000 $13.01 Acquired 5776 Direct
2011-06-07 Common Stock M 2688 $8.67 Acquired 8464 Direct
2011-06-07 Common Stock S 411 $45.8572 Disposed 8053 Direct
2011-06-07 Common Stock S 4277 $45.9771 Disposed 3776 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-06-07 Non-Employee Director Stock Option (right-to-buy) $13.01 M 2000 Disposed 2011-07-25 Common Stock (2000) Direct
2011-06-07 Non-Employee Director Stock Option (right-to-buy) $8.67 M 2688 Disposed 2011-07-25 Common Stock (2688) Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $45.85 to $45.86. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F2: This transaction was executed in multiple trades at prices ranging from $45.95 to $46.01. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F3: The reporting person's options to which the underlying sold shares relate were set to expire on July 25, 2011. At the completion of these 4 transactions (exercise of stock option right-to-buy and subsequent sale of acquired shares) the reporting person holds 3,776 shares directly.