Muller Luis A bought COHU

March 12, 2024 · Form 4 insider transaction

Muller Luis A bought 74,165 shares of Cohu, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Acquired (buy-side)
Shares
74,165
Price
$0.00
Total value
N/A
RoleDirector
SecurityPerformance Stock Units
Transaction codeA: Grant or award
Transaction dateMarch 12, 2024
Filing dateMarch 13, 2024
Shares owned after754,878
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

Represents Performance Stock Units (also referred to as RSUs) that will be converted on a one-for-one basis into shares of Cohu, Inc. Common Stock upon vesting. These performance stock units will vest only after the achievement of specified performance goals (total shareholder return). Provided such goals are achieved and subject to continued employment through the vesting date, vesting is scheduled to occur in full on the third anniversary of the date of the grant (March 12, 2027). The number of shares shown is the target award level. The actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on achievement of specified performance goals.; Number of shares includes 392,677 RSUs (excluding the impact of shares that will be withheld to cover tax obligations) previously reported that in the future will be converted on a one-for-one basis into shares of Cohu, Inc. Common Stock immediately upon the vesting dates (assuming continued employment and achievement of specified performance goals).

View the original Form 4 on SEC EDGAR