Paul Todgham - Feb 22, 2024 Form 4 Insider Report for COGNEX CORP (CGNX)

Role
SVP, CFO
Signature
Paul Todgham
Stock symbol
CGNX
Transactions as of
Feb 22, 2024
Transactions value $
-$41,851
Form type
4
Date filed
2/23/2024, 04:33 PM
Previous filing
Feb 22, 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 +3.49K +12.62% $0.00 31.2K Feb 22, 2024 Direct
transaction CGNX Common Stock Tax liability -$41.9K -1.03K -3.29% $40.83 30.1K Feb 22, 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 -3.49K -37.5% $0.00 5.82K Feb 22, 2024 Common Stock 3.49K $0.00 Direct F2, F3
holding CGNX Non-Qualified Stock Option (right to buy) 84.7K Feb 22, 2024 Common Stock 84.7K $47.21 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 70K Feb 22, 2024 Common Stock 70K $57.70 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 67.2K Feb 22, 2024 Common Stock 67.2K $64.43 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 22.3K Feb 22, 2024 Common Stock 22.3K $90.50 Direct
holding CGNX Restricted Stock Unit 12.7K Feb 22, 2024 Common Stock 12.7K $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 22, 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 22, 2022), respectively.