SEC Form 4 · accession 0001209191-17-014838
COHU INC · COHU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James A Donahue
Director · Other
Period of report
Feb 23, 2017
Accepted (ET)
Feb 27, 2017 · 4:58 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000021535
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 23, 2017 | M | 32,847 | $15.50 | A | 442,048 | D | |
| Common StockF1,F2 | Feb 23, 2017 | S | 32,847 | $16.41 | D | 409,201 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $15.50 | Feb 23, 2017 | M | 32,847 | D | Dec 4, 2008 | Dec 4, 2017 | Common Stock | 32,847 | 0 | D |
Explanation of responses
- F1The shares with respect to this transaction were sold in multiple trades at prices ranging from $16.16 to $16.66; 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.
- F2Number of shares includes 127,832 Restricted Stock Units (RSU) and 57,477 Deferred Stock Units (DSUs) previously reported that in the future will be converted on a one-for-one basis into shares of Cohu, Inc. Common Stock, immediately upon vesting which vesting is scheduled to occur in annual installments (assuming continued service to the Board).
- F3The option vests in four equal installments beginning on December 04, 2008 (assuming continued employment).