COHU INC — Director's Dealing 2003

Aug 22, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COHU INC (COHU)
CIK: 0000021535
Period of Report: 2003-08-22

Reporting Person: ALLEN JOHN H (VP Finance & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-08-22	Common Stock	M	20000	$12.07	Acquired	38528	Direct
2003-08-22	Common Stock	S	20000	$21.68	Disposed	18528	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-08-22	Employee Stock Option (Right to buy)	$12.07	M	20000	Disposed	2009-03-10	Common Stock (20000)	Direct

Footnotes

F1: The option vests in four equal annual installments beginning March 10, 2000