Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
PICHELLI ALDO
  2. Issuer Name and Ticker or Trading Symbol
TELEDYNE TECHNOLOGIES INC [TDY]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Segment President & COO
(Last)
(First)
(Middle)
1049 CAMINO DOS RIOS
3. Date of Earliest Transaction (Month/Day/Year)
11/21/2012
(Street)

THOUSAND OAKS, CA 91360
4. If Amendment, Date 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
(City)
(State)
(Zip)
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)
Code V Amount (A) or (D) Price
Common Stock 11/21/2012   M   431 A $ 26.99 52,073.627 D  
Common Stock 11/21/2012   M   1,534 A $ 19.27 53,607.627 D  
Common Stock 11/21/2012   S   301 D $ 62.6 53,306.627 D  
Common Stock 11/21/2012   S   969 D $ 62.6 52,337.627 D  
Common Stock 11/23/2012   M   8,569 A $ 26.99 60,906.627 D  
Common Stock 11/23/2012   M   8,466 A $ 19.27 69,372.627 D  
Common Stock 11/23/2012   S   5,975 D $ 62.6 63,397.627 D  
Common Stock 11/23/2012   S   5,346 D $ 62.6 58,051.627 (1) D (1)  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $ 26.99 11/21/2012   M     431 01/25/2006 01/25/2015 Common Stock 431 $ 0 8,569 D  
Stock Option (right-to-buy) $ 19.27 11/21/2012   M     1,534 01/27/2005 01/27/2014 Common Stock 1,534 $ 0 8,466 D  
Stock Option (right to buy) $ 26.99 11/23/2012   M     8,569 01/25/2006 01/25/2015 Common Stock 8,569 $ 0 0 D  
Stock Option (right-to-buy) $ 19.27 11/23/2012   M     8,466 01/27/2005 01/27/2014 Common Stock 8,466 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
PICHELLI ALDO
1049 CAMINO DOS RIOS
THOUSAND OAKS, CA 91360
      Segment President & COO  

Signatures

 Aldo Pichelli   11/26/2012
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) At the completion of the reported transactions (exercise of stock options and sale of shares sufficient to cover aggregate exercise price and tax withholdings) Reporting Person holds 17,599.627 shares directly and 40,452 shares held indirectly by the Pichelli Living Trust. Shares held directly Include 518.0310 shares purchased under the Employee Stock Purchase Plan and 883.596 shares held in the Teledyne Technologies 401(k) Plan based on information received as of January 24, 2012.

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