Robert Willett - 16 Feb 2022 Form 4 Insider Report for COGNEX CORP (CGNX)

Role
CEO & President, Director
Signature
Robert Willett
Issuer symbol
CGNX
Transactions as of
16 Feb 2022
Net transactions value
-$87,267
Form type
4
Filing time
18 Feb 2022, 14:05:03 UTC
Previous filing
04 Jan 2022
Next filing
24 Feb 2022
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 +4,522 $0.000000 4,522 16 Feb 2022 Direct
transaction CGNX Common Stock Tax liability $87,267 -1,361 -30% $64.12 3,161 16 Feb 2022 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 Restricted Stock Unit Options Exercise $0 -4,522 -20% $0.000000 18,086 16 Feb 2022 Common Stock 4,522 $0.000000 Direct F2, F3
holding CGNX Non-Qualified Stock Option (right to buy) 180,000 16 Feb 2022 Common Stock 180,000 $38.39 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 180,000 16 Feb 2022 Common Stock 180,000 $50.94 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 180,000 16 Feb 2022 Common Stock 180,000 $51.49 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 90,000 16 Feb 2022 Common Stock 90,000 $56.44 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 123,521 16 Feb 2022 Common Stock 123,521 $90.50 Direct F4
* 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 16, 2022 and are reported herein.
F2 Each restricted stock unit represents a contingent right to receive one share of Cognex Corporation common stock.
F3 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.
F4 The options vest in five approximately equal annual installments on the first, second, third, fourth, and fifth anniversaries of the grant date (February 16, 2021).