Company: COHU
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001437749-25-004612
Chunk: 121

Company: COHU INC
Filing Date: 2025-02-20
Form: 10-K
Item: Item 1
Chunk 121
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2022. At December 28, 2024 and December 30, 2023, we had no stock options outstanding.

Restricted Stock Units

Under our equity incentive plans, restricted stock units (“RSUs”) may be granted to employees, consultants and outside directors. Restricted stock units vest over a one-year, two-year, three-year or a four-year period from the date of grant. Prior to vesting, restricted stock units do not have dividend equivalent rights, do not have voting rights and the shares underlying the restricted stock units are not considered issued and outstanding. New shares of our common stock or treasury shares will be issued on the date the restricted stock units vest net of the statutory tax withholding requirements to be paid by us on behalf of our employees. As a result, the actual number of shares issued will be fewer than the actual number of RSUs outstanding at December 28, 2024.

Restricted stock unit activity under our share-based compensation plans was as follows:

			2024

			2023

			2022

			Wt. Avg.

			Wt. Avg.

			Wt. Avg.

			(in thousands, except per share data)

			Units

			Fair Value

			Units

			Fair Value

			Units

			Fair Value

			Outstanding, beginning of year

			884

			$
			30.52

			969

			$
			24.55

			1,058

			$
			21.16

			Granted

			411

			$
			31.76

			365

			$
			36.66

			431

			$
			27.74

			Released

			(366
			)
			 
			$
			27.33

			(428
			)
			 
			$
			22.33

			(474
			)
			 
			$
			19.94

			Cancelled

			(44
			)
			 
			$
			31.92

			(22
			)
			 
			$
			28.62

			(46
			)
			 
			$
			24.33

			Outstanding, end of year

			885

			$
			32.34

			884

			$