Carl W. Gerst - 22 Feb 2022 Form 4 Insider Report for COGNEX CORP (CGNX)

Role
EVP, Vision & ID Products
Signature
Carl Gerst
Issuer symbol
CGNX
Transactions as of
22 Feb 2022
Net transactions value
$0
Form type
4
Filing time
24 Feb 2022, 14:28:35 UTC
Next filing
23 Feb 2023
SEC
View on sec.gov

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 +74,720 $0.000000 74,720 22 Feb 2022 Common Stock 74,720 $64.43 Direct F1
transaction CGNX Restricted Stock Unit Award $0 +12,929 $0.000000 12,929 22 Feb 2022 Common Stock 12,929 $0.000000 Direct F2, F3
holding CGNX Non-Qualified Stock Option (right to buy) 80,000 22 Feb 2022 Common Stock 80,000 $50.94 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 60,000 22 Feb 2022 Common Stock 60,000 $51.49 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 20,000 22 Feb 2022 Common Stock 20,000 $56.44 Direct
holding CGNX Non-Qualified Stock Option (right to buy) 150,000 22 Feb 2022 Common Stock 150,000 $65.90 Direct
* 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.