SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
KRANTZ THEODOR

(Last) (First) (Middle)
ONE VISION DRIVE

(Street)
NATICK MA 01760

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
COGNEX CORP [ CGNX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/13/2022
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/13/2022 M(1) 26,000 A $19.655 62,108 D
Common Stock 12/13/2022 S(2) 26,000 D $51.4 36,108 D
Common Stock 12/13/2022 M(1) 26,000 A $20.625 62,108 D
Common Stock 12/13/2022 S(2) 26,000 D $51.4 36,108 D
Common Stock 12/13/2022 M(1) 15,600 A $51.49 51,708 D
Common Stock 12/13/2022 S(2) 15,600 D $52.0125 36,108 D
Common Stock 12/13/2022 M(1) 9,200 A $50.94 45,308 D
Common Stock 12/13/2022 S(2) 9,200 D $52 36,108 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $19.655 12/13/2022 M(1) 26,000 02/18/2015(3) 02/18/2024 Common Stock 26,000 $0.0 0 D
Non-Qualified Stock Option (right to buy) $20.625 12/13/2022 M(1) 26,000 02/17/2016(4) 02/17/2025 Common Stock 26,000 $0.0 0 D
Non-Qualified Stock Option (right to buy) $50.94 12/13/2022 M(1) 9,200 02/18/2021(5) 02/18/2030 Common Stock 9,200 $0.0 13,800 D
Non-Qualified Stock Option (right to buy) $51.49 12/13/2022 M(1) 15,600 02/19/2020(6) 02/19/2029 Common Stock 15,600 $0.0 10,400 D
Non-Qualified Stock Option (right to buy) $56.44 02/20/2019(7) 02/20/2028 Common Stock 13,000 13,000 D
Restricted Stock Unit $0.0(9) 02/16/2022(8) 02/16/2024 Common Stock 2,431 2,431 D
Restricted Stock Unit $0.0(9) 02/22/2023(10) 02/22/2025 Common Stock 4,269 4,269 D
Explanation of Responses:
1. These stock option exercises were effected pursuant to a trading plan adopted by the reporting person in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
2. These shares were disposed of in an open market sale pursuant to a trading plan adopted by the reporting person in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
3. The options vest in four equal annual installments on the first, second, third, and fourth anniversaries of the grant date (February 18, 2014).
4. The options vest in four equal annual installments on the first, second, third, and fourth anniversaries of the grant date (February 17, 2015).
5. The options vest in five equal annual installments on the first, second, third, fourth, and fifth anniversaries of the grant date (February 18, 2020).
6. The options vest in five equal annual installments on the first, second, third, fourth, and fifth anniversaries of the grant date (February 19, 2019).
7. The options vest in five equal annual installments on the first, second, third, fourth, and fifth anniversaries of the grant date (February 20, 2018).
8. The restricted stock units vest approximately 20%, 30%, and 50% on the first, second, and third anniversaries of the grant date (February 16, 2021), respectively.
9. Each restricted stock unit represents a contingent right to receive one share of Cognex Corporation common stock.
10. The restricted stock units vest approximately 20%, 30%, and 50% on the first, second, and third anniversaries of the grant date (February 22, 2022), respectively.
Theodor Krantz 12/15/2022
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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