Carl Gerst - 22 Feb 2024 Form 4 Insider Report for COGNEX CORP (CGNX)

Role
EVP, Vision & ID Products
Signature
Carl W. Gerst
Issuer symbol
CGNX
Transactions as of
22 Feb 2024
Transactions value $
-$46,465
Form type
4
Filing time
23 Feb 2024, 16:38:45 UTC
Previous filing
22 Feb 2024
Next filing
07 Mar 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 +3.88K +95.99% $0.00 7.92K 22 Feb 2024 Direct
transaction CGNX Common Stock Tax liability -$46.5K -1.14K -14.37% $40.83 6.78K 22 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 -3.88K -37.5% $0.00 6.46K 22 Feb 2024 Common Stock 3.88K $0.00 Direct F2, F3
holding CGNX Non-Qualified Stock Option (right to buy) 127K 22 Feb 2024 Common Stock 127K $39.44 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 94.3K 22 Feb 2024 Common Stock 94.3K $47.21 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 80K 22 Feb 2024 Common Stock 80K $50.94 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 60K 22 Feb 2024 Common Stock 60K $51.49 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 20K 22 Feb 2024 Common Stock 20K $56.44 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 74.7K 22 Feb 2024 Common Stock 74.7K $64.43 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 150K 22 Feb 2024 Common Stock 150K $65.90 Direct
holding CGNX Restricted Stock Unit 14.1K 22 Feb 2024 Common Stock 14.1K $0.00 Direct
holding CGNX Restricted Stock Unit 22.8K 22 Feb 2024 Common Stock 22.8K $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.