SEC Form 4 · accession 0001209191-17-036854
COHU INC · COHU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James A Donahue
Director · Other
Period of report
May 30, 2017
Accepted (ET)
Jun 1, 2017 · 5:16 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 | May 30, 2017 | M | 25,000 | $7.32 | A | 431,328 | D | |
| Common StockF1,F2 | May 30, 2017 | S | 25,000 | $18.11 | D | 406,328 | 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 | $7.32 | May 30, 2017 | M | 25,000 | A | Mar 20, 2010 | Mar 20, 2019 | Common Stock | 25,000 | 167,000 | D |
Explanation of responses
- F1The shares with respect to this transaction were sold in multiple trades at prices ranging from $18.02 to $18.22; 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 34,459 Restricted Stock Units (RSU) and 70,670 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 and achievement of specified performance goals).
- F3The option vested in four equal installments beginning on March 20, 2010.