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4//SEC Filing

COHU INC 4

Accession 0001209191-17-022801

$COHUCIK 0000021535operating

Filed

Mar 23, 8:00 PM ET

Accepted

Mar 24, 5:06 PM ET

Size

8.3 KB

Accession

0001209191-17-022801

Insider Transaction Report

Form 4
Period: 2017-03-22
von Fellenberg IAN
VP & GM Analog Test Handlers
Transactions
  • Award

    Restricted Stock Units

    2017-03-22+8,9988,998 total
  • Award

    Performance Stock Units

    2017-03-22+8,9988,998 total
Holdings
  • Common Stock

    34,386
Footnotes (3)
  • [F1]Number of shares includes 22,051 Restricted Stock Units (RSU) and 12,335 Performance Stock Units (PSUs)(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).
  • [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 22, 2018 (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 (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.

Issuer

COHU INC

CIK 0000021535

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000021535

Filing Metadata

Form type
4
Filed
Mar 23, 8:00 PM ET
Accepted
Mar 24, 5:06 PM ET
Size
8.3 KB