COHU INC — Director's Dealing 2020

Feb 25, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COHU INC (COHU)
CIK: 0000021535
Period of Report: 2020-02-21

Reporting Person: CIARDELLA ROBERT L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-21	Common Stock	M	1000	$14.14	Acquired	101834	Direct
2020-02-21	Common Stock	S	1000	$22.03	Disposed	100834	Direct
2020-02-24	Common Stock	M	4000	$14.14	Acquired	104834	Direct
2020-02-24	Common Stock	S	4000	$21.30	Disposed	100834	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-21	Employee Stock Option (right to buy)	$14.14	M	1000	Disposed	2021-05-11	Common Stock (1000)	Direct
2020-02-24	Employee Stock Option (right to buy)	$14.14	M	4000	Disposed	2021-05-11	Common Stock (4000)	Direct

Footnotes

F1: The shares with respect to this transaction were sold in multiple trades at prices ranging from $22.00 to $22.07; 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: The shares with respect to this transaction were sold in multiple trades at prices ranging from $21.30 to $21.32; 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: Number of shares includes 6,944 Restricted Stock Units (RSUs) and 7,036 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 (i) upon the reporting person's termination of service as a director or (ii) at certain specified dates.

F4: The options vested fully on May 11, 2012.