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

Role
CEO & President, Director
Signature
Robert Willett
Stock symbol
CGNX
Transactions as of
Feb 16, 2022
Transactions value $
-$87,267
Form type
4
Date filed
2/18/2022, 02:05 PM
Previous filing
Jan 4, 2022
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CGNX Common Stock Options Exercise $0 +4.52K $0.00 4.52K Feb 16, 2022 Direct
transaction CGNX Common Stock Tax liability -$87.3K -1.36K -30.1% $64.12 3.16K Feb 16, 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 -4.52K -20% $0.00 18.1K Feb 16, 2022 Common Stock 4.52K $0.00 Direct F2, F3
holding CGNX Non-Qualified Stock Option (right to buy) 180K Feb 16, 2022 Common Stock 180K $38.39 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 180K Feb 16, 2022 Common Stock 180K $50.94 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 180K Feb 16, 2022 Common Stock 180K $51.49 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 90K Feb 16, 2022 Common Stock 90K $56.44 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 124K Feb 16, 2022 Common Stock 124K $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).