Robert Willett - 16 Feb 2023 Form 4 Insider Report for COGNEX CORP (CGNX)

Role
CEO & President, Director
Signature
Robert Willett
Issuer symbol
CGNX
Transactions as of
16 Feb 2023
Net transactions value
-$112,832
Form type
4
Filing time
21 Feb 2023, 16:04:53 UTC
Previous filing
26 May 2022
Next filing
23 Feb 2023
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 +6,782 +215% $0.000000 9,943 16 Feb 2023 Direct
transaction CGNX Common Stock Tax liability $112,832 -2,040 -21% $55.31 7,903 16 Feb 2023 Direct F1

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 -6,782 -37% $0.000000 11,304 16 Feb 2023 Common Stock 6,782 $0.000000 Direct F2, F3
holding CGNX Non-Qualified Stock Option (right to buy) 180,000 16 Feb 2023 Common Stock 180,000 $38.39 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 180,000 16 Feb 2023 Common Stock 180,000 $50.94 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 180,000 16 Feb 2023 Common Stock 180,000 $51.49 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 90,000 16 Feb 2023 Common Stock 90,000 $56.44 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 185,254 16 Feb 2023 Common Stock 185,254 $64.43 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 123,521 16 Feb 2023 Common Stock 123,521 $90.50 Direct
* 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, 2023 and are reported herein.
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 16, 2021), respectively.