Theodor Krantz - 13 Dec 2022 Form 4 Insider Report for COGNEX CORP (CGNX)

Role
Director
Signature
Theodor Krantz
Issuer symbol
CGNX
Transactions as of
13 Dec 2022
Net transactions value
-$1,643,423
Form type
4
Filing time
15 Dec 2022, 15:37:04 UTC
Previous filing
14 Dec 2022
Next filing
03 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CGNX Common Stock Options Exercise $511,030 +26,000 +72% $19.66 62,108 13 Dec 2022 Direct F1
transaction CGNX Common Stock Sale $1,336,400 -26,000 -42% $51.40 36,108 13 Dec 2022 Direct F2
transaction CGNX Common Stock Options Exercise $536,250 +26,000 +72% $20.62 62,108 13 Dec 2022 Direct F1
transaction CGNX Common Stock Sale $1,336,400 -26,000 -42% $51.40 36,108 13 Dec 2022 Direct F2
transaction CGNX Common Stock Options Exercise $803,244 +15,600 +43% $51.49 51,708 13 Dec 2022 Direct F1
transaction CGNX Common Stock Sale $811,395 -15,600 -30% $52.01 36,108 13 Dec 2022 Direct F2
transaction CGNX Common Stock Options Exercise $468,648 +9,200 +25% $50.94 45,308 13 Dec 2022 Direct F1
transaction CGNX Common Stock Sale $478,400 -9,200 -20% $52.00 36,108 13 Dec 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 Non-Qualified Stock Option (right to buy) Options Exercise $0 -26,000 -100% $0.000000* 0 13 Dec 2022 Common Stock 26,000 $19.66 Direct F1, F3
transaction CGNX Non-Qualified Stock Option (right to buy) Options Exercise $0 -26,000 -100% $0.000000* 0 13 Dec 2022 Common Stock 26,000 $20.62 Direct F1, F4
transaction CGNX Non-Qualified Stock Option (right to buy) Options Exercise $0 -9,200 -40% $0.000000 13,800 13 Dec 2022 Common Stock 9,200 $50.94 Direct F1, F5
transaction CGNX Non-Qualified Stock Option (right to buy) Options Exercise $0 -15,600 -60% $0.000000 10,400 13 Dec 2022 Common Stock 15,600 $51.49 Direct F1, F6
holding CGNX Non-Qualified Stock Option (right to buy) 13,000 13 Dec 2022 Common Stock 13,000 $56.44 Direct F7
holding CGNX Restricted Stock Unit 2,431 13 Dec 2022 Common Stock 2,431 $0.000000 Direct F8, F9
holding CGNX Restricted Stock Unit 4,269 13 Dec 2022 Common Stock 4,269 $0.000000 Direct F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These stock option exercises were effected 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.
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 The options vest in four equal annual installments on the first, second, third, and fourth anniversaries of the grant date (February 18, 2014).
F4 The options vest in four equal annual installments on the first, second, third, and fourth anniversaries of the grant date (February 17, 2015).
F5 The options vest in five equal annual installments on the first, second, third, fourth, and fifth anniversaries of the grant date (February 18, 2020).
F6 The options vest in five equal annual installments on the first, second, third, fourth, and fifth anniversaries of the grant date (February 19, 2019).
F7 The options vest in five equal annual installments on the first, second, third, fourth, and fifth anniversaries of the grant date (February 20, 2018).
F8 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.
F9 Each restricted stock unit represents a contingent right to receive one share of Cognex Corporation common stock.
F10 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.