4//SEC Filing
COHU INC 4
Accession 0001209191-17-022686
$COHUCIK 0000021535operating
Filed
Mar 22, 8:00 PM ET
Accepted
Mar 23, 9:21 PM ET
Size
9.3 KB
Accession
0001209191-17-022686
Insider Transaction Report
Form 4
COHU INCCOHU
ALLEN JOHN H
Vice President Administration
Transactions
- Tax Payment
Common Stock
2017-03-22−1,167→ 130,515 total - Award
Restricted Stock Units
2017-03-22+5,698→ 5,698 total - Award
Performance Stock Units
2017-03-22+5,698→ 5,698 total
Footnotes (4)
- [F1]Represents shares that were automatically withheld upon vesting of restricted stock (RSUs) to cover tax obligations in a transaction exempt under Rule 16(b)-3.
- [F2]Number of shares includes 54,401 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 and achievement of specified performance goals).
- [F3]Each restricted stock unit (RSU) represents a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting. Of these RSUs 5,698 vest in four equal annual installments beginning March 22, 2018 (assuming continued employment).
- [F4]Represents performance units (restricted stock units) that will be converted on a one-for-one basis into shares of Cohu, Inc. common stock upon vesting. These performance units will vest only after the achievement of specified performance goals (total shareholder return). Provided such goals are achieved, vesting is scheduled to occur in full on the third anniversary of the date of grant (March 22,2020) (subject to continued employment through vest date). The number of shares shown is the target award level. The actual number of shares that may vest ranges from 25% to 200% of the target amount, depending on achievement of specified performance goals.
Documents
Issuer
COHU INC
CIK 0000021535
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000021535
Filing Metadata
- Form type
- 4
- Filed
- Mar 22, 8:00 PM ET
- Accepted
- Mar 23, 9:21 PM ET
- Size
- 9.3 KB