Director at Cohu (NASDAQ: COHU) receives 3,578 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cohu, Inc. director Karen Marie Rapp reported a grant of 3,578 Restricted Stock Units (RSUs). These RSUs were awarded at a price of $0.00 per unit and each RSU represents a contingent right to receive one share of Cohu common stock upon vesting.
The RSUs vest on the earlier of the one-year anniversary of the grant date or the next Cohu annual meeting of stockholders, assuming she continues to serve on the board. Following this award, her direct holdings total 19,156 shares, including 3,712 RSUs that will convert one-for-one into common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rapp Karen Marie
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,578 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 19,156 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 3,712 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 Restricted Stock Units
Grant price per RSU: $0.00 per unit
Total shares after transaction: 19,156 shares
+1 more
4 metrics
RSUs granted
3,578 Restricted Stock Units
Award to director Karen Marie Rapp
Grant price per RSU
$0.00 per unit
Non-cash equity award
Total shares after transaction
19,156 shares
Direct holdings following RSU grant
Unvested RSUs included in holdings
3,712 Restricted Stock Units
To convert one-for-one into common stock upon vesting
Key Terms
Restricted Stock Units, vesting, Annual Meeting of Stockholders, Board of Directors
4 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.
vesting 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 (assuming continued service on the Board of Directors)."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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..."
Board of Directors financial
"assuming continued service on the Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What did Cohu (COHU) director Karen Rapp report in this Form 4 filing?
The filing shows Karen Rapp received a grant of 3,578 Restricted Stock Units from Cohu. Each RSU represents a contingent right to one share of common stock, increasing her direct holdings to 19,156 shares after the award, including 3,712 unvested RSUs.
What are the vesting conditions for Karen Rapp’s new Cohu (COHU) Restricted Stock Units?
The 3,578 RSUs vest on the earlier of one year from the grant date or the next Cohu annual stockholders’ meeting. Vesting depends on her continued service on the Board of Directors, and each vested RSU converts into one share of Cohu common stock.
What does each Cohu (COHU) Restricted Stock Unit granted to Karen Rapp represent?
Each Restricted Stock Unit represents a contingent right to receive one share of Cohu common stock upon vesting. Once vesting conditions are met, the RSUs convert on a one-for-one basis, increasing her actual share ownership without requiring a purchase price payment.
How many unvested Cohu (COHU) RSUs are included in Karen Rapp’s reported holdings?
Her reported holdings include 3,712 Restricted Stock Units that will convert into Cohu common stock in the future. These RSUs convert on a one-for-one basis into common shares immediately upon the applicable vesting dates, assuming she continues serving on the Board of Directors.