Carl Gerst - 22 Feb 2022 Form 4 Insider Report for COGNEX CORP (CGNX)

Role
EVP, Vision & ID Products
Signature
Carl Gerst
Issuer symbol
CGNX
Transactions as of
22 Feb 2022
Transactions value $
$0
Form type
4
Filing time
24 Feb 2022, 14:28:35 UTC
Next filing
23 Feb 2023
SEC
View on sec.gov

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 Non-Qualified Stock Option (right to buy) Award $0 +74.7K $0.00 74.7K 22 Feb 2022 Common Stock 74.7K $64.43 Direct F1
transaction CGNX Restricted Stock Unit Award $0 +12.9K $0.00 12.9K 22 Feb 2022 Common Stock 12.9K $0.00 Direct F2, F3
holding CGNX Non-Qualified Stock Option (right to buy) 80K 22 Feb 2022 Common Stock 80K $50.94 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 60K 22 Feb 2022 Common Stock 60K $51.49 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 20K 22 Feb 2022 Common Stock 20K $56.44 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 150K 22 Feb 2022 Common Stock 150K $65.90 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest in five approximately equal annual installments on the first, second, third, fourth, and fifth anniversaries of the grant date (February 22, 2022).
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.