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

Role
Director
Signature
Theodor Krantz
Stock symbol
CGNX
Transactions as of
Dec 13, 2022
Transactions value $
-$1,643,423
Form type
4
Date filed
12/15/2022, 03:37 PM
Previous filing
Dec 14, 2022
Next filing
Feb 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CGNX Common Stock Options Exercise $511K +26K +72.01% $19.66 62.1K Dec 13, 2022 Direct F1
transaction CGNX Common Stock Sale -$1.34M -26K -41.86% $51.40 36.1K Dec 13, 2022 Direct F2
transaction CGNX Common Stock Options Exercise $536K +26K +72.01% $20.63 62.1K Dec 13, 2022 Direct F1
transaction CGNX Common Stock Sale -$1.34M -26K -41.86% $51.40 36.1K Dec 13, 2022 Direct F2
transaction CGNX Common Stock Options Exercise $803K +15.6K +43.2% $51.49 51.7K Dec 13, 2022 Direct F1
transaction CGNX Common Stock Sale -$811K -15.6K -30.17% $52.01 36.1K Dec 13, 2022 Direct F2
transaction CGNX Common Stock Options Exercise $469K +9.2K +25.48% $50.94 45.3K Dec 13, 2022 Direct F1
transaction CGNX Common Stock Sale -$478K -9.2K -20.31% $52.00 36.1K Dec 13, 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 -26K -100% $0.00* 0 Dec 13, 2022 Common Stock 26K $19.66 Direct F1, F3
transaction CGNX Non-Qualified Stock Option (right to buy) Options Exercise $0 -26K -100% $0.00* 0 Dec 13, 2022 Common Stock 26K $20.63 Direct F1, F4
transaction CGNX Non-Qualified Stock Option (right to buy) Options Exercise $0 -9.2K -40% $0.00 13.8K Dec 13, 2022 Common Stock 9.2K $50.94 Direct F1, F5
transaction CGNX Non-Qualified Stock Option (right to buy) Options Exercise $0 -15.6K -60% $0.00 10.4K Dec 13, 2022 Common Stock 15.6K $51.49 Direct F1, F6
holding CGNX Non-Qualified Stock Option (right to buy) 13K Dec 13, 2022 Common Stock 13K $56.44 Direct F7
holding CGNX Restricted Stock Unit 2.43K Dec 13, 2022 Common Stock 2.43K $0.00 Direct F8, F9
holding CGNX Restricted Stock Unit 4.27K Dec 13, 2022 Common Stock 4.27K $0.00 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.