Cognex (CGNX) Form 4 COGNEX / ANTHONY SUN ownership change

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^*

SUN ANTHONY

(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)
11/30/2022

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	11/30/2022		M		30,000	A	$10.5275	30,000	I	By LLC(1)
Common Stock	11/30/2022		S		30,000	D	$50.0147	0	I	By LLC(1)
Common Stock								307,870	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)	$10.5275	11/07/2022		G(2)	V		30,000	02/13/2014(3)	02/13/2023	Common Stock	30,000	$0.00	0	D
Non-Qualified Stock Option (right to buy)	$10.5275	11/07/2022		G(2)	V	30,000		02/13/2014(3)	02/13/2023	Common Stock	30,000	$0.00	30,000	I	By LLC(1)
Non-Qualified Stock Option (right to buy)	$10.5275	11/30/2022		M			30,000	02/13/2014	02/13/2023	Common Stock	30,000	$0.00	0	I	By LLC(1)
Non-Qualified Stock Option (right to buy)	$16.72	11/07/2022		G(2)	V		26,000	02/12/2017(4)	02/12/2026	Common Stock	26,000	$0.00	0	D
Non-Qualified Stock Option (right to buy)	$16.72	11/07/2022		G(2)	V	26,000		02/12/2017(4)	02/12/2026	Common Stock	26,000	$0.00	26,000	I	By LLC(1)
Non-Qualified Stock Option (right to buy)	$19.655	11/07/2022		G(2)	V		26,000	02/18/2015(5)	02/18/2024	Common Stock	26,000	$0.00	0	D
Non-Qualified Stock Option (right to buy)	$19.655	11/07/2022		G(2)	V	26,000		02/18/2015(5)	02/18/2024	Common Stock	26,000	$0.00	26,000	I	By LLC(1)
Non-Qualified Stock Option (right to buy)	$20.625	11/07/2022		G(2)	V		26,000	02/17/2016(6)	02/17/2025	Common Stock	26,000	$0.00	0	D
Non-Qualified Stock Option (right to buy)	$20.625	11/07/2022		G(2)	V	26,000		02/17/2016(6)	02/17/2025	Common Stock	26,000	$0.00	26,000	I	By LLC(1)
Non-Qualified Stock Option (right to buy)	$38.39	11/07/2022		G(2)	V		26,000	02/21/2018(7)	02/21/2027	Common Stock	26,000	$0.00	0	D
Non-Qualified Stock Option (right to buy)	$38.39	11/07/2022		G(2)	V	26,000		02/21/2018(7)	02/21/2027	Common Stock	26,000	$0.00	26,000	I	By LLC(1)
Non-Qualified Stock Option (right to buy)	$50.94	11/07/2022		G(2)	V		23,000	02/18/2021(8)	02/18/2030	Common Stock	23,000	$0.00	0	D
Non-Qualified Stock Option (right to buy)	$50.94	11/07/2022		G(2)	V	23,000		02/18/2021(8)	02/18/2030	Common Stock	23,000	$0.00	23,000	I	By LLC(1)
Non-Qualified Stock Option (right to buy)	$51.49	11/07/2022		G(2)	V		26,000	02/19/2020(9)	02/19/2029	Common Stock	26,000	$0.00	0	D
Non-Qualified Stock Option (right to buy)	$51.49	11/07/2022		G(2)	V	26,000		02/19/2020(9)	02/19/2029	Common Stock	26,000	$0.00	26,000	I	By LLC(1)
Non-Qualified Stock Option (right to buy)	$56.44	11/07/2022		G(2)	V		13,000	02/20/2019(10)	02/20/2028	Common Stock	13,000	$0.00	0	D
Non-Qualified Stock Option (right to buy)	$56.44	11/07/2022		G(2)	V	13,000		02/20/2019(10)	02/20/2028	Common Stock	13,000	$0.00	13,000	I	By LLC(1)

Explanation of Responses:

1. The reporting person is a member of Sun Management Associates, LLC, a California limited liability company. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

2. The reported transactions involve the reporting person's transfer of Non-Qualified Stock Options to Sun Management Associates, LLC, a California limited liability company, of which the reporting person is a member.

3. The options vest in four equal annual installments on the first, second, third, and fourth anniversaries of the grant date (February 13, 2013).

4. The options vest in four equal annual installments on the first, second, third, and fourth anniversaries of the grant date (February 12, 2016).

5. The options vest in four equal annual installments on the first, second, third, and fourth anniversaries of the grant date (February 18, 2014).

6. The options vest in four equal annual installments on the first, second, third, and fourth anniversaries of the grant date (February 17, 2015).

7. The options vest in four equal annual installments on the first, second, third, and fourth anniversaries of the grant date (February 21, 2017).

8. The options vest in five equal annual installments on the first, second, third, fourth, and fifth anniversaries of the grant date (February 18, 2020).

9. The options vest in five equal annual installments on the first, second, third, fourth, and fifth anniversaries of the grant date (February 19, 2019).

10. The options vest in five equal annual installments on the first, second, third, fourth, and fifth anniversaries of the grant date (February 20, 2018).

Remarks:

	/s/ Anthony Sun	12/02/2022
	** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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