<SEC-DOCUMENT>0000950123-11-026430.txt : 20110317
<SEC-HEADER>0000950123-11-026430.hdr.sgml : 20110317
<ACCEPTANCE-DATETIME>20110317165235
ACCESSION NUMBER:		0000950123-11-026430
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20110316
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE:		20110317
DATE AS OF CHANGE:		20110317

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COGNEX CORP
		CENTRAL INDEX KEY:			0000851205
		STANDARD INDUSTRIAL CLASSIFICATION:	INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL [3823]
		IRS NUMBER:				042713778
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34218
		FILM NUMBER:		11695646

	BUSINESS ADDRESS:	
		STREET 1:		ONE VISION DR
		CITY:			NATICK
		STATE:			MA
		ZIP:			01760
		BUSINESS PHONE:		5086503000

	MAIL ADDRESS:	
		STREET 1:		ONE VISION DRIVE
		CITY:			NATICK
		STATE:			MA
		ZIP:			01760
</SEC-HEADER>
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<TYPE>8-K
<SEQUENCE>1
<FILENAME>b85613e8vk.htm
<DESCRIPTION>FORM 8-K
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<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>WASHINGTON, DC 20549</B>
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<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 8-K</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>CURRENT REPORT PURSUANT<BR>
TO SECTION 13 OR 15(D) OF THE<BR>
SECURITIES EXCHANGE ACT OF 1934</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Date of report (Date of earliest event reported): March&nbsp;16, 2011</B></DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>Cognex Corporation</B>
</DIV>

<DIV align="center" style="font-size: 10pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; FONT-size: 1px">&nbsp;</DIV>(Exact Name of Registrant as Specified in Its Charter)</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 12pt">Massachusetts<BR>
<DIV style="width: 100%; border-bottom: 1px solid #000000; FONT-size: 1px">&nbsp;</DIV>(State or Other Jurisdiction of Incorporation)</DIV>

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    <TD align="center" valign="top">001-34218
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">04-2713778</TD>
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<TR style="font-size: 1px">
    <TD colspan="3" valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(Commission File Number)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(IRS Employer Identification No.)</TD>
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    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
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    <TD align="center" valign="top">One Vision Drive, Natick, Massachusetts
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">01760-2059</TD>
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    <TD colspan="3" valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(Address of Principal Executive Offices)
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    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Zip Code)</TD>
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<DIV align="center" style="font-size: 10pt; margin-top: 12pt">(508)&nbsp;650-3000<BR>
<DIV style="width: 100%; border-bottom: 1px solid #000000; FONT-size: 1px">&nbsp;</DIV>(Registrant&#146;s Telephone Number, Including Area Code)</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">N/A<BR>
<DIV style="width: 100%; border-bottom: 1px solid #000000; FONT-size: 1px">&nbsp;</DIV>(Former Name or Former Address, if Changed Since Last Report)</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the following
provisions (<I>see </I>General Instruction A.2. below):
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR
230.425)
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR
240.14a-12)
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
</DIV>


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<TR><TD></TD><TD colspan="8"><A HREF="#B85613000">Item&nbsp;5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers</A></TD></TR>
<TR><TD colspan="9"><A HREF="#B85613001">SIGNATURES</A></TD></TR>
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<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">On March&nbsp;16, 2011, the Board of Directors of Cognex Corporation (the &#147;Company&#148;) elected
Robert J. Willett as Chief Executive Officer of the Company. Prior to Mr.&nbsp;Willett&#146;s
election as Chief Executive Officer, Robert J. Shillman, Chairman of the Board of
Directors, held this office. Mr.&nbsp;Willett will continue to report to Dr.&nbsp;Shillman, who
remains Chairman of the Board of Directors and will take on the newly-created role of the
Company&#146;s Chief Culture Officer.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Mr.&nbsp;Willett, age 43, joined the Company in June&nbsp;2008 as the President of the Modular Vision
Systems Division (MVSD). In January&nbsp;2010, Mr.&nbsp;Willett was promoted to President and Chief
Operating Officer. Mr.&nbsp;Willett came to the Company from Danaher Corporation, a diversified
manufacturer of industrial controls and technologies, where he served as Vice President of
Business Development and Innovation for the Product Identification Business Group. Prior
to that, Mr.&nbsp;Willett was President of Videojet Technologies, a leader in coding and marking
products, which is a subsidiary of Danaher. Mr.&nbsp;Willett also served as Chief Executive
Officer of Willett International Ltd., a privately-owned coding and marking company which
was sold to Danaher in 2003 and merged with Videojet. He holds a Bachelor of Arts degree
from Brown University and a Masters in Business Administration from Yale
University.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">In his most recent role as Chief Operating Officer of the Company, Mr.&nbsp;Willett had
management responsibility for sales, marketing, product development and operations for both
of the Company&#146;s two divisions (MVSD and the Surface Inspection Systems Division). As
Chief Executive Officer, Mr.&nbsp;Willett will now also be responsible for the Company&#146;s global
Finance &#038; Administration functions.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">In connection with his promotion, Mr.&nbsp;Willett&#146;s annual base salary was increased from
$330,000 to $350,000, and his target bonus for 2011 was increased from 55% to 60% of his
annual base salary, with the potential to earn 300% of that amount. In addition, Mr.
Willett was granted an option to purchase 100,000 shares of the Company&#146;s common stock,
which option vests upon the fourth anniversary of the grant date.
</DIV>


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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned thereunto duly
authorized.
</DIV>


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    <TD colspan="3" align="left">COGNEX CORPORATION<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">Dated: March 17, 2011&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Richard A. Morin
&nbsp;</TD>
    <TD>&nbsp;</TD>
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    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Richard A. Morin&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Executive Vice President of Finance and
Administration, and Chief Financial Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
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    <TD colspan="5">&nbsp;</TD>
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