Form 4 for COHU COHU INC
Accepted 2023-03-16 00:00:00 ET · period of report 2023-03-14 · accession 0001209191-23-019457 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-03-16 | 2023-03-14+ | COHU | Muller Luis A | Pres, CEO | F - Tax | $0.00 | -10.7K | 674.1K | -2% | $0 |
| M | 2023-03-16 | 2023-03-14 | COHU | Muller Luis A | Pres, CEO | A - Grant | $0.00 | +110.0K | 684.8K | +19% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-03-14 | F | D | 7,021 | $0.00 | 677,742 | D | — | — | (F3) Represents shares that were automatically withheld upon vesting of Restricted Stock Units (RSUs) to cover tax obligations in a transaction exempt under Rule 16(b)-3. |
| 2 | Common | Common Stock | 2023-03-15 | F | D | 3,662 | $0.00 | 674,080 | D | — | — | (F3) Represents shares that were automatically withheld upon vesting of Restricted Stock Units (RSUs) to cover tax obligations in a transaction exempt under Rule 16(b)-3. (F4) Number of shares includes 384,730 RSUs (excluding the impact of shares that will be withheld to cover tax obligations) previously reported that in the future will be converted on a one-for-one basis into shares of Cohu, Inc. Common Stock immediately upon the vesting dates (assuming continued employment and achievement of specified performance goals). |
| 3 | Common | Restricted Stock Units | 2023-03-14 | A | A | 44,004 | $0.00 | 618,757 | D | — | — | (F1) Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting. The RSUs vest in four equal annual installments beginning March 14, 2024 (assuming continued employment). |
| 4 | Common | Performance Stock Units | 2023-03-14 | A | A | 66,006 | $0.00 | 684,763 | D | — | — | (F2) Represents Performance Stock Units (also referred to as RSUs) that will be converted on a one-for-one basis into shares of Cohu, Inc. Common Stock upon vesting. These performance stock units will vest only after the achievement of specified performance goals (total shareholder return). Provided such goals are achieved and subject to continued employment through the vesting date, vesting is scheduled to occur in full on the third anniversary of the date of grant (March 14, 2026). The number of shares shown is the target award level. The actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on achievement of specified performance goals. |