Paul Todgham - 21 Feb 2024 Form 4 Insider Report for COGNEX CORP (CGNX)

Role
SVP, CFO
Signature
Paul Todgham
Issuer symbol
CGNX
Transactions as of
21 Feb 2024
Net transactions value
-$36,947
Form type
4
Filing time
22 Feb 2024, 18:52:13 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 +3,178 +12% $0.000000 28,606 21 Feb 2024 Direct
transaction CGNX Common Stock Tax liability $36,947 -933 -3.3% $39.60 27,673 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 Restricted Stock Unit Options Exercise $0 -3,178 -20% $0.000000 12,709 21 Feb 2024 Common Stock 3,178 $0.000000 Direct F2, F3
holding CGNX Non-Qualified Stock Option (right to buy) 84,698 21 Feb 2024 Common Stock 84,698 $47.21 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 70,000 21 Feb 2024 Common Stock 70,000 $57.70 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 67,235 21 Feb 2024 Common Stock 67,235 $64.43 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 22,302 21 Feb 2024 Common Stock 22,302 $90.50 Direct
holding CGNX Restricted Stock Unit 9,312 21 Feb 2024 Common Stock 9,312 $0.000000 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 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 21, 2023), respectively.