SEC Form 4 · accession 0001209191-17-062144

COHU INC · COHU

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Nov 20, 2017

Accepted (ET)

Nov 21, 2017 · 5:32 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 20, 2017	M	10,000	$11.78	A	95,184	D
Common Stock^F1,F2	Nov 20, 2017	S	10,000	$24.86	D	85,184	D

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	$11.78	Nov 20, 2017	M	10,000	A	Nov 30, 2010	Nov 30, 2019	Common Stock	10,000	0	D

F1The shares with respect to this transaction were sold in multiple trades at prices ranging from $24.81 to $24.90; 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.
F2Includes 5,252 Restricted Stock Units (RSUs) and 72,499 Deferred Stock Units (DSUs). Each RSU represents a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting (assuming continued service to the Board). Each DSU is equal to one share of Cohu, Inc. Common Stock and will be settled through the issuance of common stock upon (i) the reporting person's termination of service as a director or (ii) at certain specified future dates.
F3The options vested in three annual installments beginning on November 30, 2010. The first installment vested 3,334 options; subsequent installments vested equally.