Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | COHU | Common Stock | Sale | -$3.38K | -200 | -0.16% | $16.88 | 129K | Mar 10, 2025 | Direct | F1, F2 |
transaction | COHU | Performance Stock Units | Award | $0 | +33.4K | +25.92% | $0.00 | 162K | Mar 11, 2025 | Direct | F3 |
transaction | COHU | Restricted Stock Units | Award | $0 | +22.2K | +13.72% | $0.00 | 184K | Mar 11, 2025 | Direct | F4, F5 |
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).
Id | Content |
---|---|
F1 | Adoption date of referenced 10b5-1(c) plan is: 05-17-2024 |
F2 | The shares with respect to this transaction were sold at an exact execution price of $16.88. |
F3 | Represents Performance Stock Units (also referred to as RSUs) that will be converted on a one-for-one basis into shares of Cohu, Inc. Common Stock upon vesting. These performance stock units will vest only after the achievement of specified performance goals (total shareholder return). Provided such goals are achieved and subject to continued employment through the vesting date, vesting is scheduled to occur in full on the third anniversary of the date of the grant (March 11, 2028). The number of shares shown is the target award level. The actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on achievement of specified performance goals. |
F4 | Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting. The RSUs vest in three equal annual installments beginning March 11, 2026 (assuming continued employment). |
F5 | Number of shares includes 130,357 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). |