Nina Richardson - Oct 10, 2024 Form 4 Insider Report for COHU INC (COHU)

Role
Director
Signature
/s/ Jeffrey D. Jones, by Power of Attorney
Stock symbol
COHU
Transactions as of
Oct 10, 2024
Transactions value $
-$120,676
Form type
4
Date filed
10/15/2024, 04:55 PM
Previous filing
Jun 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COHU Common Stock Sale -$121K -5K -15.01% $24.14 28.3K Oct 10, 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Adoption date of referenced 10b5-1(c) plan is: 11/07/2023
F2 The shares with respect to this transaction were sold in multiple trades at prices ranging from $23.82 to $24.33; the price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number shares sold at each separate price.
F3 Number of shares includes 4,918 Restricted Stock Units (RSUs) and 11,992 Deferred Stock Units (DSUs). Each RSU represents a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting (assuming continued service to the Board). Each DSU is equal to one share of Cohu, Inc. Common Stock and will be settled through the issuance of common stock upon (i) the reporting person's termination of service as a director or (ii) at certain specified future dates.