Robert Willett - 22 Feb 2022 Form 4 Insider Report for COGNEX CORP (CGNX)

Role
CEO & President, Director
Signature
Robert Willett
Issuer symbol
CGNX
Transactions as of
22 Feb 2022
Net transactions value
$0
Form type
4
Filing time
24 Feb 2022, 14:21:00 UTC
Previous filing
18 Feb 2022
Next filing
26 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CGNX Common Stock 3,161 22 Feb 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
transaction CGNX Non-Qualified Stock Option (right to buy) Award $0 +185,254 $0.000000 185,254 22 Feb 2022 Common Stock 185,254 $64.43 Direct F1
holding CGNX Non-Qualified Stock Option (right to buy) 180,000 22 Feb 2022 Common Stock 180,000 $38.39 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 180,000 22 Feb 2022 Common Stock 180,000 $50.94 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 180,000 22 Feb 2022 Common Stock 180,000 $51.49 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 90,000 22 Feb 2022 Common Stock 90,000 $56.44 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 123,521 22 Feb 2022 Common Stock 123,521 $90.50 Direct F2
holding CGNX Restricted Stock Unit 18,086 22 Feb 2022 Common Stock 18,086 $0.000000 Direct F3, F4
* 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 approximately equal annual installments on the first, second, third, fourth, and fifth anniversaries of the grant date (February 22, 2022).
F2 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).
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 Each restricted stock unit represents a contingent right to receive one share of Cognex Corporation common stock.