Cohu (COHU) Sr VP granted RSUs and PSUs, shares withheld for taxes
Rhea-AI Filing Summary
Cohu, Inc. senior executive equity awards and tax withholding
Cohu’s Sr VP & Chief Customer Officer, Christopher Bohrson, reported routine equity compensation changes. On March 10, he received 17,979 Performance Stock Units and 17,979 Restricted Stock Units, each representing a contingent right to one share of Cohu common stock upon vesting.
The performance units vest based on total shareholder return measured on the third anniversary of grant, with actual vesting between 0% and 200% of the 17,979 target units if performance goals are met and service continues. The RSUs vest in four equal annual installments, also subject to continued service. On March 11, 4,088 common shares were automatically withheld upon RSU vesting to cover tax obligations, a disposition classified as exempt under Rule 16(b)-3. After these transactions, Bohrson directly holds 199,107 shares of common stock, including previously reported RSUs that will settle into shares as they vest.
Positive
- None.
Negative
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FAQ
What insider transactions did COHU Sr VP Christopher Bohrson report?
How many Performance Stock Units did COHU grant to Christopher Bohrson?
What are the vesting terms for COHU Restricted Stock Units reported in this Form 4?
Why were 4,088 COHU common shares disposed of in this Form 4?
How many COHU shares does Christopher Bohrson hold after these transactions?
How is performance measured for COHU’s Performance Stock Units granted here?