SEC Form 4 · accession 0001209191-17-030013
COHU INC · COHU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Bohrson
Officer — VP & General Manager, Delta
Period of report
May 2, 2017
Accepted (ET)
May 4, 2017 · 4:39 pm EDT
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 (ESPP)F1,F2,F3,F4 | May 2, 2017 | A | 1,221 | $9.45 | A | 27,975 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were acquired under the Cohu, Inc. 1997 Employee Stock Purchase Plan (the Plan), for the purchase period of November 1, 2016 through April 30, 2017. This transaction is exempt pursuant to Rule 16-b3(c).
- F2The Offering Period (as defined in the Plan) ended April 30, 2017, and the shares were acquired on May 2, 2017.
- F3In accordance with the Plan, these shares were purchased at a price not less than eighty-five percent (85%) of the lesser of (a) the Fair Market Value of a share of Stock on the Offering Date of the Offering Period, or (b) the Fair Market Value of a share of Stock on the Purchase Date of the Offering Period (as defined in the Plan) as of April 28, 2017, the last trading day prior to the end of the Offering Period.
- F4Number of shares includes 26,754 Restricted Stock Units (RSU) (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 vesting which vesting is scheduled to occur in annual installments (assuming continued employment and achievement of specified performance goals).