SEC Form 4 · accession 0001209191-18-034788
COHU INC · COHU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
IAN von Fellenberg
Officer — VP & GM Analog Test Handlers
Period of report
May 30, 2018
Accepted (ET)
Jun 1, 2018 · 5:37 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, 2018 | M | 12,500 | $10.42 | A | 87,054 | D | |
| Common StockF1 | May 30, 2018 | S | 12,500 | $24.51 | D | 74,554 | D | |
| Common StockF1,F2 | May 30, 2018 | S | 9,519 | $24.51 | D | 65,035 | 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 | $10.42 | May 30, 2018 | M | 12,500 | A | Sep 11, 2014 | Sep 11, 2023 | Common Stock | 12,500 | 0 | D |
Explanation of responses
- F1The shares with respect to this transaction were sold in multiple trades at prices ranging from $24.50 to $24.51; 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 47,660 Restricted Stock Units (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 the vesting dates (assuming continued employment and achievement of specified performance goals).
- F3The options vested in four equal annual installments beginning on September 11, 2014.