Paul Todgham - 12 Nov 2021 Form 4 Insider Report for COGNEX CORP (CGNX)

Role
SVP, CFO
Signature
Paul Todgham
Issuer symbol
CGNX
Transactions as of
12 Nov 2021
Transactions value $
-$248,979
Form type
4
Filing time
15 Nov 2021, 14:58:55 UTC
Next filing
18 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CGNX Common Stock Sale -$249K -3K -46.21% $82.99 3.49K 12 Nov 2021 Direct

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
holding CGNX Non-Qualified Stock Option (right to buy) 70K 12 Nov 2021 Common Stock 70K $57.70 Direct F1
holding CGNX Non-Qualified Stock Option (right to buy) 22.3K 12 Nov 2021 Common Stock 22.3K $90.50 Direct F2
holding CGNX Restricted Stock Unit 23.3K 12 Nov 2021 Common Stock 23.3K $0.00 Direct F3
holding CGNX Restricted Stock Unit 8.29K 12 Nov 2021 Common Stock 8.29K $0.00 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 29, 2020, the reporting person was granted restricted stock units to acquire 35,000 shares of Cognex Corporation common stock. The award vests in three approximately equal annual installments commencing on April 29, 2021.
F2 The options vest in five approximately equal annual installments on the first, second, third, fourth, and fifth anniversaries of the Transaction Date.
F3 On April 29, 2020, the reporting person was granted restricted stock units to acquire 35,000 shares of Cognex Corporation common stock. The award vests in three approximately equal annual installments commencing on April 29, 2021.
F4 The restricted stock units vest approximately 20%, 30%, and 50% on the first, second, and third anniversaries of the Transaction Date, respectively.
F5 Each restricted stock unit represents a contingent right to receive one share of Cognex Corporation common stock.