SEC Form 4 · accession 0001179110-16-031630
COHERENT INC · COHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Luis Spinelli
Officer — Exec VP, CTO
Period of report
Nov 13, 2016
Accepted (ET)
Nov 15, 2016 · 5:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000021510
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 13, 2016 | M | 1,434 | $0.00 | A | 11,221 | D | |
| Common StockF1 | Nov 13, 2016 | F | 658 | $125.89 | D | 10,563 | D | |
| Common StockF2 | Nov 14, 2016 | S | 3,723 | $125.92 | D | 6,840 | D | |
| Common StockF3 | Nov 14, 2016 | S | 605 | $126.62 | D | 6,235 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units | $0.00 | Nov 13, 2016 | M | 1,434 | D | Nov 13, 2016 | Nov 13, 2016 | Common Stock | 1,434 | 8,083 | D |
Explanation of responses
- F1Represents shares withheld to satisfy minimum tax withholding obligations for released restricted stock units.
- F2Represents the weighted average sales price for the shares. The range of prices for such sales was $125.50 to $126.44. The reporting person will provide upon request full information regarding the number of shares sold at each separate price.
- F3Represents the weighted average sales price for the shares. The range of prices for such sales was $126.51 to $127.21. The reporting person will provide upon request full information regarding the number of shares sold at each separate price.