<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2010-06-15</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000357020</issuerCik>
        <issuerName>LTX-CREDENCE CORP</issuerName>
        <issuerTradingSymbol>LTXC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001310305</rptOwnerCik>
            <rptOwnerName>Rood Peter S</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>LTX-CREDENCE CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>825 UNIVERSITY AVENUE</rptOwnerStreet2>
            <rptOwnerCity>NORWOOD</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02062</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>VP, Product Development</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2010-06-15</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>F</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>12105</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>3.12</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>485931</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Each restricted stock unit represents the right to receive one share of LTX-Credence common stock.  Under the terms of the RSUs, 33,000 units vested on December 15, 2009, 33,000 units vested on March 15, 2010 and 33,000 units vested on June 15, 2010. The remaining units will vest as follows: 33,000 units vest on September 15, 2010; 29,333 units vest on September 15, 2011; 29,333 units vest on September 15, 2012 and 29,334 units vest on September 15, 2013. The disposition of common stock described in this filing reflects the amount of shares of common stock withheld for tax withholding purposes.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/Peter S. Rood</signatureName>
        <signatureDate>2010-06-16</signatureDate>
    </ownerSignature>
</ownershipDocument>
