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COHU INC — Director's Dealing 2021
Feb 23, 2021
32277_dirs_2021-02-23_759e8a9c-2631-4f3e-9802-26f0296b476f.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: 2021-02-19
Reporting Person: DONAHUE JAMES A (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-19 | Common Stock | M | 20000 | $10.58 | Acquired | 387056 | Direct |
| 2021-02-19 | Common Stock | S | 20000 | $48.00 | Disposed | 367056 | Direct |
| 2021-02-22 | Common Stock | M | 20000 | $10.58 | Acquired | 387056 | Direct |
| 2021-02-22 | Common Stock | S | 20000 | $45.54 | Disposed | 367056 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-19 | Employee Stock Option (right to buy) | $10.58 | M | 20000 | Disposed | 2022-03-06 | Common Stock (20000) | Direct |
| 2021-02-22 | Employee Stock Option (right to buy) | $10.58 | M | 20000 | Disposed | 2022-03-06 | Common Stock (20000) | Direct |
Footnotes
F1: This transaction was made pursuant to a Rule 10(b)5-1 trading plan adopted by Mr. Donahue on November 20, 2020 (the "Plan"). Mr. Donahue holds various stock options that are expiring in 2022 and 2023 and wished to put the Plan in place to facilitate the orderly exercise of such options before their expiration.
F2: The shares with respect to this transaction were sold in multiple trades at prices ranging from $47.60 to $48.44; 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 $44.97 to $46.18; 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: Number of shares includes 8,532 Restricted Stock Units (RSUs) that in the future will be converted on a one-for-one basis into shares of Cohu, Inc. Common Stock immediately upon the vest dates (assuming continued service to the Board of Directors).
F5: The options vested fully on March 06, 2016.