Robert Willett - 16 Feb 2024 Form 4 Insider Report for COGNEX CORP (CGNX)

Role
CEO & President, Director
Signature
Robert Willett
Issuer symbol
CGNX
Transactions as of
16 Feb 2024
Net transactions value
-$129,756
Form type
4
Filing time
20 Feb 2024, 17:12:42 UTC
Previous filing
11 Mar 2024
Next filing
22 Feb 2024
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 +11,304 +143% $0.000000 19,207 16 Feb 2024 Direct
transaction CGNX Common Stock Tax liability $129,756 -3,403 -18% $38.13 15,804 16 Feb 2024 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 -11,304 -100% $0.000000* 0 16 Feb 2024 Common Stock 11,304 $0.000000 Direct F2, F3
holding CGNX Non-Qualified Stock Option (right to buy) 180,000 16 Feb 2024 Common Stock 180,000 $38.39 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 233,484 16 Feb 2024 Common Stock 233,484 $47.21 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 180,000 16 Feb 2024 Common Stock 180,000 $50.94 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 180,000 16 Feb 2024 Common Stock 180,000 $51.49 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 90,000 16 Feb 2024 Common Stock 90,000 $56.44 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 185,254 16 Feb 2024 Common Stock 185,254 $64.43 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 123,521 16 Feb 2024 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, 2024 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.