Cohu (COHU) director Andreas Mattes receives 3,578 RSUs as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mattes Andreas W reported acquisition or exercise transactions in this Form 4 filing.
Cohu, Inc. director Andreas W. Mattes received a grant of 3,578 Restricted Stock Units (RSUs). These RSUs are a form of stock-based compensation and carry no purchase price. Following this award, he directly holds 25,814 shares and RSUs in total.
Each RSU represents a right to receive one share of Cohu common stock when it vests. The units vest on the earlier of one year from the grant date or the next Cohu annual stockholders meeting, provided he continues to serve on the Board of Directors.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mattes Andreas W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,578 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 25,814 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting. The RSUs vest on the earlier to occur of (i) the one-year anniversary of the date of grant or (ii) the next Cohu, Inc. Annual Meeting of Stockholders (assuming continued service on the Board of Directors). Number of shares includes 3,578 Restricted Stock Units (RSUs) that in the future will be converted on a one-for-one basis into shares of Cohu, Inc. Common Stock immediately upon the vesting date (assuming continued service on the Board of Directors).
Key Figures
RSUs granted: 3,578 units
Post-grant holdings: 25,814 shares/RSUs
Grant price per RSU: $0.00 per unit
3 metrics
RSUs granted
3,578 units
Restricted Stock Units awarded to director on the reported grant date
Post-grant holdings
25,814 shares/RSUs
Total direct holdings after the reported RSU grant
Grant price per RSU
$0.00 per unit
Stated price for the RSU award as compensation, not a market purchase
Key Terms
Restricted Stock Units, contingent right, Annual Meeting of Stockholders
3 terms
Restricted Stock Units financial
"Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting."
Annual Meeting of Stockholders financial
"The RSUs vest on the earlier to occur of (i) the one-year anniversary of the date of grant or (ii) the next Cohu, Inc. Annual Meeting of Stockholders."
FAQ
What did Cohu (COHU) director Andreas W. Mattes report on this Form 4?
Andreas W. Mattes reported receiving 3,578 Restricted Stock Units as equity compensation. These RSUs are a right to receive Cohu common shares upon vesting, increasing his total direct holdings to 25,814 shares and RSUs combined after the grant.
How many Restricted Stock Units did Andreas W. Mattes receive from Cohu (COHU)?
He received 3,578 Restricted Stock Units. Each RSU represents a contingent right to one share of Cohu common stock upon vesting, effectively adding to his long-term equity stake in the company as part of his service on the Board of Directors.
When do the new Cohu (COHU) RSUs granted to Andreas W. Mattes vest?
The RSUs vest on the earlier of one year from the grant date or the next Cohu annual meeting of stockholders. Vesting requires that Mattes continue serving on the Board of Directors through that date, aligning the award with ongoing board service.