Theodor Krantz - 31 Dec 2022 Form 5 Insider Report for COGNEX CORP (CGNX)

Role: Director
Signature: Theodor Krantz
Issuer symbol: CGNX
Transactions as of: 31 Dec 2022
Net transactions value: -$42,591
Form type: 5
Filing time: 03 Feb 2023, 15:03:08 UTC
Previous filing: 15 Dec 2022
Next filing: 06 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	Sale	$42,591	-608	-1.7%	$70.05	35,500	17 Mar 2022	Direct

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
holding	CGNX	Non-Qualified Stock Option (right to buy)						13,800	31 Dec 2022	Common Stock	13,800	$50.94	Direct	F1
holding	CGNX	Non-Qualified Stock Option (right to buy)						10,400	31 Dec 2022	Common Stock	10,400	$51.49	Direct	F2
holding	CGNX	Non-Qualified Stock Option (right to buy)						13,000	31 Dec 2022	Common Stock	13,000	$56.44	Direct	F3
holding	CGNX	Restricted Stock Unit						2,431	31 Dec 2022	Common Stock	2,431	$0.000000	Direct	F4, F5
holding	CGNX	Restricted Stock Unit						4,269	31 Dec 2022	Common Stock	4,269	$0.000000	Direct	F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The options vest in five equal annual installments on the first, second, third, fourth, and fifth anniversaries of the grant date (February 18, 2020).
F2	The options vest in five equal annual installments on the first, second, third, fourth, and fifth anniversaries of the grant date (February 19, 2019).
F3	The options vest in five equal annual installments on the first, second, third, fourth, and fifth anniversaries of the grant date (February 20, 2018).
F4	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.
F5	Each restricted stock unit represents a contingent right to receive one share of Cognex Corporation common stock.
F6	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.