COHU INC — Director's Dealing 2007

May 16, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COHU INC (COHU)
CIK: 0000021535
Period of Report: 2007-05-16

Reporting Person: SCHOLEFIELD COLIN P (Senior VP, Sales & Service)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-16	Common Stock	M	15000	$13.88	Acquired	15003	Direct
2007-05-16	Common Stock	S	15000	$19.43	Disposed	3	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-05-16	Employee Stock Option (Right to Buy)	$13.88	M	15000	Disposed	2010-10-20	Common Stock (0)	Direct

Footnotes

F1: Consists of multiple sales transactions at sale pricing ranging from $19.31 to $19.56

F2: The option vested in four equal installments beginning on 10/20/2001