Torton Shay 4

4 · COHU INC · Filed Mar 8, 2012

Form 4

Period: 2012-03-06

Senior VP of Operations

Transactions

Award
Performance Stock Units
2012-03-06+6,855→ 6,855 total
Award
Employee Stock Option (Right to Buy)
2012-03-06$10.58/sh+17,795$188,271→ 17,795 total
Exercise: $10.58From: 2013-03-06Exp: 2022-03-06→ Common Stock (17,795 underlying)
Award
Restricted Stock Units
2012-03-06+9,358→ 9,358 total

Holdings

Footnotes (4)

[F1]Number of shares includes 15,000 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).
[F2]Each restricted stock unit (RSU) represents a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting. The RSU vests in four equal annual installments beginning March 6, 2013 (assuming continued employment).
[F3]Represents performance shares (restricted stock units) that will be converted on a one-for-one basis into shares of Cohu, Inc. common stock upon vesting. These performance shares will vest only after the achievement of specified performance goals. Provided such goals are achieved, vesting is scheduled to occur no earlier than three equal annual installments beginning March 6, 2013 (subject to continued employment through each vest date). The number of shares shown is the target award level. The actual number of shares that may vest ranges from 0% to 150% of the target amount, depending on achievement of specified performance goals.
[F4]The option vests in four equal installments beginning on March 6, 2013 (assuming continued employment).

Documents

1 file