Cohu (COHU) director awarded 594 deferred stock units for board fees
Rhea-AI Filing Summary
Director Andrew M. Caggia received a grant of 594 Deferred Stock Units representing phantom stock as payment of director fees at Cohu, Inc. Each unit equals one share of common stock to be issued after his board service ends or on specified future dates. Following this award, he directly holds 76,158 share-linked units, including 10,257 Restricted Stock Units that vest with continued board service and 50,505 Deferred Stock Units that will convert into common stock at retirement or other preset times.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 594 | $0.00 | -- |
Footnotes (1)
- Grant of Phantom Stock in the form of Deferred Stock Units (DSUs) for payment of Director Fees. Each DSU is equal to one share of Cohu, Inc. Common Stock and will be settled through the issuance of common stock (i) upon the reporting person's termination of service as a director or (ii) at certain specified future dates. Number of shares includes 10,257 Restricted Stock Units (RSUs) and 50,505 Deferred Stock Units (DSUs). Each RSU represents a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting (assuming continued service to the Board). Each DSU is equal to one share of Cohu, Inc. Common Stock and will be settled through the issuance of common stock upon (i) the reporting person's termination of service as a director or (ii) at certain specified future dates.
Key Figures
Key Terms
Deferred Stock Units (DSUs) financial
Restricted Stock Units (RSUs) financial
Phantom Stock financial
FAQ
What did Cohu (COHU) director Andrew Caggia report in this Form 4?
What are Deferred Stock Units (DSUs) in the Cohu (COHU) Form 4 filing?
How many RSUs and DSUs are included in Caggia’s Cohu (COHU) holdings?
What conditions apply to Cohu (COHU) director Andrew Caggia’s RSUs?
When will Cohu (COHU) Deferred Stock Units granted to Andrew Caggia be settled?