Robert Willett - Feb 16, 2023 Form 4 Insider Report for COGNEX CORP (CGNX)

Role
CEO & President, Director
Signature
Robert Willett
Stock symbol
CGNX
Transactions as of
Feb 16, 2023
Transactions value $
-$112,832
Form type
4
Date filed
2/21/2023, 04:04 PM
Previous filing
May 26, 2022
Next filing
Feb 23, 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 +6.78K +214.55% $0.00 9.94K Feb 16, 2023 Direct
transaction CGNX Common Stock Tax liability -$113K -2.04K -20.52% $55.31 7.9K Feb 16, 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 -6.78K -37.5% $0.00 11.3K Feb 16, 2023 Common Stock 6.78K $0.00 Direct F2, F3
holding CGNX Non-Qualified Stock Option (right to buy) 180K Feb 16, 2023 Common Stock 180K $38.39 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 180K Feb 16, 2023 Common Stock 180K $50.94 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 180K Feb 16, 2023 Common Stock 180K $51.49 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 90K Feb 16, 2023 Common Stock 90K $56.44 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 185K Feb 16, 2023 Common Stock 185K $64.43 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 124K Feb 16, 2023 Common Stock 124K $90.50 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.