Paul Todgham - 22 Feb 2022 Form 4 Insider Report for COGNEX CORP (CGNX)

Role
SVP, CFO
Signature
Paul Todgham
Issuer symbol
CGNX
Transactions as of
22 Feb 2022
Net transactions value
$0
Form type
4
Filing time
24 Feb 2022, 14:25:38 UTC
Previous filing
18 Feb 2022
Next filing
03 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 4,592 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 +67,235 $0.000000 67,235 22 Feb 2022 Common Stock 67,235 $64.43 Direct F1
transaction CGNX Restricted Stock Unit Award $0 +11,641 $0.000000 11,641 22 Feb 2022 Common Stock 11,641 $0.000000 Direct F2, F3
holding CGNX Non-Qualified Stock Option (right to buy) 70,000 22 Feb 2022 Common Stock 70,000 $57.70 Direct F4
holding CGNX Non-Qualified Stock Option (right to buy) 22,302 22 Feb 2022 Common Stock 22,302 $90.50 Direct F5
holding CGNX Restricted Stock Unit 23,333 22 Feb 2022 Common Stock 23,333 $0.000000 Direct F6
holding CGNX Restricted Stock Unit 6,630 22 Feb 2022 Common Stock 6,630 $0.000000 Direct F2, F7
* 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 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 22, 2022), respectively.
F4 On April 29, 2020, the reporting person was granted restricted stock units to acquire 35,000 shares of Cognex Corporation common stock. The award vests in three approximately equal annual installments commencing on April 29, 2021.
F5 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).
F6 The restricted stock units vest in approximately three equal annual installments on the first, second, and third anniversaries of the grant date (April 29, 2020).
F7 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.