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COHU INC — Director's Dealing 2020
Feb 22, 2020
32277_dirs_2020-02-21_f6fdec61-9168-4c0f-b74a-8109d1566c95.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: 2020-02-19
Reporting Person: BILODEAU STEVEN J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-19 | Common Stock | M | 3606 | $14.14 | Acquired | 96433 | Direct |
| 2020-02-19 | Common Stock | S | 3606 | $23.10 | Disposed | 92827 | Direct |
| 2020-02-19 | Common Stock | S | 5513 | $23.12 | Disposed | 87314 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-19 | Employee Stock Option (Right to Buy) | $14.14 | M | 3606 | Disposed | 2021-05-11 | Common Stock (3606) | Direct |
Footnotes
F1: The shares with respect to this transaction were sold in multiple trades at prices ranging from $23.00 to $23.25; 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 $23.00 to $23.36; 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: This transaction was executed to cover a tax liability incurred due to the settlement of outstanding Deferred Stock Units.
F4: Includes 6,944 Restricted Stock Units (RSUs) and 63,355 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.
F5: The options vested fully on May 11, 2012.