COHU INC — Director's Dealing 2017

Nov 21, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COHU INC (COHU)
CIK: 0000021535
Period of Report: 2017-11-20

Reporting Person: BILODEAU STEVEN J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-20	Common Stock	M	10000	$11.78	Acquired	95184	Direct
2017-11-20	Common Stock	S	10000	$24.86	Disposed	85184	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-20	Employee Stock Option (Right to Buy)	$11.78	M	10000	Acquired	2019-11-30	Common Stock (10000)	Direct

Footnotes

F1: The shares with respect to this transaction were sold in multiple trades at prices ranging from $24.81 to $24.90; the price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F2: Includes 5,252 Restricted Stock Units (RSUs) and 72,499 Deferred Stock Units (DSUs). Each RSU represents a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting (assuming continued service to the Board). Each DSU is equal to one share of Cohu, Inc. Common Stock and will be settled through the issuance of common stock upon (i) the reporting person's termination of service as a director or (ii) at certain specified future dates.

F3: The options vested in three annual installments beginning on November 30, 2010. The first installment vested 3,334 options; subsequent installments vested equally.