COHU INC — Director's Dealing 2020

Nov 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COHU INC (COHU)
CIK: 0000021535
Period of Report: 2020-11-06

Reporting Person: Jones Jeffrey D (VP Finance & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-06	Common Stock	M	700	$10.58	Acquired	241157	Direct
2020-11-06	Common Stock	S	700	$23.37	Disposed	240457	Direct
2020-11-06	Common Stock	M	13135	$10.58	Acquired	253592	Direct
2020-11-06	Common Stock	S	13135	$23.17	Disposed	240457	Direct
2020-11-09	Common Stock	M	4759	$10.58	Acquired	245216	Direct
2020-11-09	Common Stock	S	4759	$24.20	Disposed	240457	Direct
2020-11-09	Common Stock	M	1784	$10.58	Acquired	242241	Direct
2020-11-09	Common Stock	S	1784	$24.02	Disposed	240457	Direct
2020-11-09	Common Stock	M	13402	$10.58	Acquired	253859	Direct
2020-11-09	Common Stock	S	13402	$23.58	Disposed	240457	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-06	Employee Stock Options (right to buy)	$10.58	M	13835	Disposed	2022-03-06	Common Stock (13835)	Direct
2020-11-09	Employee Stock Option (right to buy)	$10.58	M	19765	Disposed	2022-03-06	Common Stock (19945)	Direct

Footnotes

F1: The shares with respect to this transaction were sold at an exact price of $23.37.

F2: The shares with respect to this transaction were sold in multiple trades at prices ranging from $23.15 to $23.27; 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.

F3: The shares with respect to this transaction were sold in multiple trades at prices ranging from $24.20 to $24.22; 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.

F4: The shares with respect to this transaction were sold in multiple trades at prices ranging from $24.00 to $24.11; 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.

F5: The shares with respect to this transaction were sold in multiple trades at prices ranging from $23.35 to $23.81; 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.

F6: Number of shares includes 116,141 RSUs (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 the vesting dates (assuming continued employment and achievement of specified performance goals).

F7: The options vested fully on March 06, 2016.