COHU INC·4

Mar 8, 11:33 AM ET

McFarlane James G 4

4 · COHU INC · Filed Mar 8, 2012

Insider Transaction Report

Form 4
Period: 2012-03-06
McFarlane James G
Senior Vice President
Transactions
  • Award

    Performance Stock Units

    2012-03-06+7,7657,765 total
  • Award

    Restricted Stock Units

    2012-03-06+10,60010,600 total
  • Award

    Employee Stock Option (Right to Buy)

    2012-03-06$10.58/sh+20,157$213,26120,157 total
    Exercise: $10.58From: 2013-03-06Exp: 2022-03-06Common Stock (20,157 underlying)
Holdings
  • Common Stock

    31,786
Footnotes (4)
  • [F1]Number of shares includes 5,937 Restricted Stock Units (RSU) (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 vesting which vesting is scheduled to occur in annual installments (assuming continued employment).
  • [F2]Each restricted stock unit (RSU) represents a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting. The RSU vests in four equal annual installments beginning March 6, 2013 (assuming continued employment).
  • [F3]Represents performance shares (restricted stock units) that will be converted on a one-for-one basis into shares of Cohu, Inc. common stock upon vesting. These performance shares will vest only after the achievement of specified performance goals. Provided such goals are achieved, vesting is scheduled to occur no earlier than three equal annual installments beginning March 6, 2013 (subject to continued employment through each vest date). The number of shares shown is the target award level. The actual number of shares that may vest ranges from 0% to 150% of the target amount, depending on achievement of specified performance goals.
  • [F4]The option vests in four equal installments beginning on March 6, 2013 (assuming continued employment).

Documents

1 file
  • 4
    doc4.xmlPrimary

    FORM 4 SUBMISSION