Company: COHU
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001437749-25-010672
Chunk: 39

Company: COHU INC
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 39
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-based compensation, the weighting of PSU awards would remain at 60% of the total annual equity awards and the weighting of RSU awards would remain at 40% of the total annual equity awards.

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| Named Executive Officer |   Number of 
  Restricted 
 Stock Units 
     Granted |   Number of 
 Performance 
 Stock Units 
 Granted (1) |     Total Face 
 Value of Stock 
  Units at Time 
   of Grant (2) |
| Luis A. Müller          |      49,443 |      74,165 |     $3,933,207 |
| Jeffrey D. Jones        |      16,316 |      24,474 |     $1,297,938 |
| Christopher G. Bohrson  |      12,360 |      18,541 |       $983,270 |
| Thomas D. Kampfer       |       6,600 |           0 |       $210,012 |

| (1) | PSUs granted at the target award level. |

| (2) | 20-day average closing price of COHU common stock preceding the grant date of March 12, 2024 was $31.82. The amounts shown above are the grant date target face value for stock awards issued in the form of RSUs and PSUs granted in 2024 as calculated based on the $31.82 average closing price. |

| (3) | Mr. Kampfer’s grant was in the form of RSUs vesting on the one-year anniversary of the grant reflecting his anticipated transition to a part-time role which occurred in July 2024. |

Restricted Stock Unit Awards

Consistent with our other employee equity awards, the RSU awards granted to our executive officers in 2024 vest ratably over three years on each anniversary of the date of the grant except as noted above for Mr. Kampfer.

Performance Stock Unit Awards

2024 PSU Awards

In 2024, the Compensation Committee evaluated its historical use of custom peer groups as the Comparator Group for the TSR in PSU awards and determined that continuing to use a broader-based index of companies remained appropriate to assess the performance of Cohu’s TSR. Therefore, the PSU awards granted to our executive officers in March 2024 will be earned based on our TSR as compared to the Russell 2000 Index (“RUT”) measured over a three-year performance period beginning on the first day of our fiscal year 2024,