Jeffrey D. Jones - 14 Jun 2023 Form 4 Insider Report for COHU INC (COHU)

Signature
Luis Muller, by Power of Attorney
Issuer symbol
COHU
Transactions as of
14 Jun 2023
Net transactions value
-$400,000
Form type
4
Filing time
16 Jun 2023, 17:29:48 UTC
Previous filing
20 Mar 2023
Next filing
13 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COHU Common Stock Sale $400,000 -10,000 -3.7% $40.00 258,990 14 Jun 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was made pursuant to a Rule 10(b)5-1 trading plan adopted by Mr. Jones on May 27, 2022 (the "Plan").
F2 The shares with respect to this transaction were sold at an exact execution price of $40.00 per share.
F3 Number of shares includes 88,069 RSUs (excluding the impact of shares that will be withheld to cover tax obligations) previously reported that in the future will be converted on a one-for-one basis into shares of Cohu, Inc. Common Stock immediately upon the vesting dates (assuming continued employment and achievement of specified performance goals).