Joerg Kuechen - 20 Feb 2024 Form 4 Insider Report for COGNEX CORP (CGNX)

Role
Chief Technology Officer
Signature
Joerg Kuechen
Issuer symbol
CGNX
Transactions as of
20 Feb 2024
Transactions value $
-$30,373
Form type
4
Filing time
22 Feb 2024, 18:44:44 UTC
Previous filing
20 Feb 2024
Next filing
23 Feb 2024
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 +2,542 +54% $0 7,239 21 Feb 2024 Direct
transaction CGNX Common Stock Tax liability -$30,373 -767 -11% $39.6 6,472 21 Feb 2024 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 Non-Qualified Stock Option (right to buy) Award $0 +89,103 $0 89,103 20 Feb 2024 Common Stock 89,103 $39.44 Direct F2
transaction CGNX Restricted Stock Unit Options Exercise $0 -2,542 -20% $0 10,168 21 Feb 2024 Common Stock 2,542 $0 Direct F3, F4
transaction CGNX Restricted Stock Unit Award $0 +17,749 $0 17,749 20 Feb 2024 Common Stock 17,749 $0 Direct F3, F5
holding CGNX Non-Qualified Stock Option (right to buy) 12,500 20 Feb 2024 Common Stock 12,500 $38.39 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 67,759 20 Feb 2024 Common Stock 67,759 $47.21 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 39,894 20 Feb 2024 Common Stock 39,894 $47.95 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 80,000 20 Feb 2024 Common Stock 80,000 $50.94 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 45,000 20 Feb 2024 Common Stock 45,000 $51.49 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 30,000 20 Feb 2024 Common Stock 30,000 $56.44 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 49,530 20 Feb 2024 Common Stock 49,530 $64.43 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 29,486 20 Feb 2024 Common Stock 29,486 $90.5 Direct
holding CGNX Restricted Stock Unit 6,767 20 Feb 2024 Common Stock 6,767 $0 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 21, 2024 and are reported herein.
F2 The options vest in five approximately equal annual installments on the first, second, third, fourth, and fifth anniversaries of the grant date (February 20, 2024).
F3 Each restricted stock unit represents a contingent right to receive one share of Cognex Corporation common stock.
F4 The restricted stock units vest approximately 20%, 30%, and 50% on the first, second, and third anniversaries of the grant date (February 21, 2023), respectively.
F5 The restricted stock units vest approximately 20%, 30%, and 50% on the first, second, and third anniversaries of the grant date (February 20, 2024), respectively.