Paul Todgham - 16 Feb 2023 Form 4 Insider Report for COGNEX CORP (CGNX)

Role
SVP, CFO
Signature
Paul Todgham
Issuer symbol
CGNX
Transactions as of
16 Feb 2023
Transactions value $
-$45,244
Form type
4
Filing time
21 Feb 2023, 15:59:52 UTC
Previous filing
03 May 2022
Next filing
23 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CGNX Common Stock Options Exercise $0 +2.49K +22.43% $0.00 13.6K 16 Feb 2023 Direct
transaction CGNX Common Stock Tax liability -$45.2K -818 -6.03% $55.31 12.8K 16 Feb 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CGNX Restricted Stock Unit Options Exercise $0 -2.49K -37.5% $0.00 4.14K 16 Feb 2023 Common Stock 2.49K $0.00 Direct F2, F3
holding CGNX Non-Qualified Stock Option (right to buy) 70K 16 Feb 2023 Common Stock 70K $57.70 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 67.2K 16 Feb 2023 Common Stock 67.2K $64.43 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 22.3K 16 Feb 2023 Common Stock 22.3K $90.50 Direct
holding CGNX Restricted Stock Unit 11.7K 16 Feb 2023 Common Stock 11.7K $0.00 Direct
holding CGNX Restricted Stock Unit 11.6K 16 Feb 2023 Common Stock 11.6K $0.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This disposition represents shares withheld to satisfy tax withholding obligations on the restricted stock units that vested on February 16, 2023 and are reported herein.
F2 Each restricted stock unit represents a contingent right to receive one share of Cognex Corporation common stock.
F3 The restricted stock units vest approximately 20%, 30%, and 50% on the first, second, and third anniversaries of the grant date (February 16, 2021), respectively.