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COHU INC — Director's Dealing 2017
Jun 2, 2017
32277_dirs_2017-06-02_bfc67b84-7523-41e5-b751-9a04421689e0.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: 2017-05-31
Reporting Person: KAMPFER THOMAS D (VP Corp Dev, GC & Sec)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-31 | Restricted Stock Units | A | 9274 | $0.00 | Acquired | 9274 | Direct |
| 2017-05-31 | Performance Stock Units | A | 9274 | $0.00 | Acquired | 9274 | Direct |
Footnotes
F1: Each restricted stock unit (RSU) represents a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting. Of these RSUs, 9274 vest in four equal annual installments beginning May 31, 2018 (assuming continued employment).
F2: Represents performance shares (restricted stock units) that will be converted on a one-for-one basis into shares of Cohu, Inc. common stock upon vesting. These performance shares will vest only after the achievement of specified performance goals (total shareholder return). Provided such goals are achieved and subject to continued employment through vest date, vesting is scheduled to occur in full on the third anniversary of the date of grant (May 31, 2020). The number of shares shown is the target award level. The actual number of shares that may vest ranges from 25% to 200% of the target amount, depending on achievement of specified performance goals.