Patrick Alias - 16 Feb 2022 Form 4 Insider Report for COGNEX CORP (CGNX)

Role
Director
Signature
Patrick Alias
Issuer symbol
CGNX
Transactions as of
16 Feb 2022
Net transactions value
-$38,827
Form type
4
Filing time
18 Feb 2022, 14:25:53 UTC
Previous filing
26 Aug 2021
Next filing
24 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 Options Exercise $0 +608 $0.000000 608 16 Feb 2022 Direct
transaction CGNX Common Stock Tax liability $11,606 -181 -30% $64.12 427 16 Feb 2022 Direct F1
transaction CGNX Common Stock Sale $27,221 -427 -100% $63.75 0 17 Feb 2022 Direct F2

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 -608 -20% $0.000000 2,431 16 Feb 2022 Common Stock 608 $0.000000 Direct F3, F4
holding CGNX Non-Qualified Stock Option (right to buy) 17,500 16 Feb 2022 Common Stock 17,500 $16.72 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 35,000 16 Feb 2022 Common Stock 35,000 $38.39 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 30,750 16 Feb 2022 Common Stock 30,750 $50.94 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 35,000 16 Feb 2022 Common Stock 35,000 $51.49 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 17,500 16 Feb 2022 Common Stock 17,500 $56.44 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 2,231 16 Feb 2022 Common Stock 2,231 $90.50 Direct F5
* 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 16, 2022 and are reported herein.
F2 These shares were disposed of in an open market sale pursuant to a trading plan adopted by the reporting person in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
F3 Each restricted stock unit represents a contingent right to receive one share of Cognex Corporation common stock.
F4 The restricted stock units vest approximately 20%, 30%, and 50% on the first, second, and third anniversaries of the grant date (February 16, 2021), respectively.
F5 The options vest in five approximately equal annual installments on the first, second, third, fourth, and fifth anniversaries of the grant date (February 16, 2021).