Sheila Marie DiPalma - 20 Feb 2024 Form 4 Insider Report for COGNEX CORP (CGNX)

Role
EVP, Employee Services
Signature
Sheila DiPalma
Issuer symbol
CGNX
Transactions as of
20 Feb 2024
Net transactions value
-$29,106
Form type
4
Filing time
22 Feb 2024, 18:36:08 UTC
Previous filing
23 Feb 2023
Next filing
23 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 +2,119 +209% $0.000000 3,133 21 Feb 2024 Direct
transaction CGNX Common Stock Tax liability $29,106 -735 -23% $39.60 2,398 21 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 Non-Qualified Stock Option (right to buy) Award $0 +68,541 $0.000000 68,541 20 Feb 2024 Common Stock 68,541 $39.44 Direct F2
transaction CGNX Restricted Stock Unit Options Exercise $0 -2,119 -20% $0.000000 8,472 21 Feb 2024 Common Stock 2,119 $0.000000 Direct F3, F4
transaction CGNX Restricted Stock Unit Award $0 +12,678 $0.000000 12,678 20 Feb 2024 Common Stock 12,678 $0.000000 Direct F3, F5
holding CGNX Non-Qualified Stock Option (right to buy) 12,500 20 Feb 2024 Common Stock 12,500 $38.39 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 56,466 20 Feb 2024 Common Stock 56,466 $47.21 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 80,000 20 Feb 2024 Common Stock 80,000 $50.94 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 64,000 20 Feb 2024 Common Stock 64,000 $51.49 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 64,000 20 Feb 2024 Common Stock 64,000 $62.48 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 44,823 20 Feb 2024 Common Stock 44,823 $64.43 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 100,000 20 Feb 2024 Common Stock 100,000 $65.90 Direct
holding CGNX Restricted Stock Unit 6,208 20 Feb 2024 Common Stock 6,208 $0.000000 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 21, 2024 and are reported herein.
F2 The options vest in five approximately equal annual installments on the first, second, third, fourth, and fifth anniversaries of the grant date (February 20, 2024).
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 21, 2023), respectively.
F5 The restricted stock units vest approximately 20%, 30%, and 50% on the first, second, and third anniversaries of the grant date (February 20, 2024), respectively.