Dennis Fehr - May 6, 2024 Form 4 Insider Report for COGNEX CORP (CGNX)

Role
SVP, Chief Financial Officer
Signature
Dennis Fehr
Stock symbol
CGNX
Transactions as of
May 6, 2024
Transactions value $
$0
Form type
4
Date filed
5/7/2024, 06:06 PM
Previous filing
May 7, 2024
Next filing
Sep 5, 2024

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 +92.1K $0.00 92.1K May 6, 2024 Common Stock 92.1K $44.49 Direct F1
transaction CGNX Restricted Stock Unit Award $0 +18K $0.00 18K May 6, 2024 Common Stock 18K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest approximately 50% on the fourth anniversary of the grant date (May 6, 2024) and 50% on the fifth anniversary of the grant date.
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% on the first anniversary of the grant date (May 6, 2024); 30% on the second anniversary of the grant date; and 50% on the third anniversary of the grant date so long as the reporting person has relocated to Massachusetts by October 31, 2026.