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COHU INC Director's Dealing 2011

Jan 11, 2011

32277_dirs_2011-01-10_d0df124c-a807-4d44-88b4-81e7244f4823.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COHU INC (COHU)
CIK: 0000021535
Period of Report: 2011-01-10

Reporting Person: Muller Luis A (President, Delta Design, Inc.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-01-10 Restricted Stock Units A 10416 $0.00 Acquired 10416 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-01-10 Employee Stock Option (Right to Buy) $15.85 A 28750 Acquired 2021-01-10 Common Stock (28750) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 13511 Direct

Footnotes

F1: Number of shares includes 9,562 Restricted Stock Units (RSU) (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 vesting which vesting is scheduled to occur in annual installments (assuming continued employment).

F2: Each restricted stock unit (RSU) represents a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting. The RSU vests in four equal annual installments beginning January 10, 2012.

F3: The option vests in four equal installments beginning on January 10, 2012 (assuming continued employment).