SEC Form 4 · accession 0001209191-17-059925
COHU INC · COHU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey D Jones
Officer — VP Finance & CFO
Period of report
Nov 8, 2017
Accepted (ET)
Nov 9, 2017 · 12:39 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 | Nov 8, 2017 | M | 25,000 | $7.32 | A | 198,081 | D | |
| Common StockF1 | Nov 8, 2017 | S | 25,000 | $24.75 | D | 173,081 | 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)F2 | $7.32 | Nov 8, 2017 | M | 25,000 | D | Mar 20, 2010 | Mar 20, 2019 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1Includes 93,931 Restricted Stock Units (RSU) (excluding the impact of shares that will be withheld to cover tax obligations) previously reported. Each RSU represents a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting (assuming continued employment).
- F2The option vested in four equal annual installments beginning on March 20, 2010 (assuming continued employment).