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COHU INC Director's Dealing 2022

May 26, 2022

32277_dirs_2022-05-26_33eb8586-c98c-4cfb-9967-483522838f65.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: 2022-05-24

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-05-24 Common Stock M 120 $9.44 Acquired 259853 Direct
2022-05-24 Common Stock S 120 $28.00 Disposed 259733 Direct
2022-05-25 Common Stock M 12322 $9.44 Acquired 272055 Direct
2022-05-25 Common Stock S 12322 $27.51 Disposed 259733 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-05-24 Employee Stock Option (right to buy) $9.44 M 120 Disposed 2023-03-26 Common Stock (120) Direct
2022-05-25 Employee Stock Option (right to buy) $9.44 M 12322 Disposed 2023-03-26 Common Stock (12322) Direct

Footnotes

F1: The shares with respect to this transaction were sold at an exact execution price of $28.00 per share.

F2: The shares with respect to this transaction were sold in multiple trades at prices ranging from $27.50 to $27.60; 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 97,434 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).

F4: The options were granted on March 26, 2013, fully vested on March 26, 2017 and set to expire on March 26, 2023.