SEC Form 4 · accession 0001179110-16-033188
COHERENT INC · COHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Merk
Officer — EVP & GM, ILS
Period of report
Dec 15, 2016
Accepted (ET)
Dec 19, 2016 · 4:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000021510
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | $0.00 | Dec 15, 2016 | A | 3,441 | A | — | Dec 15, 2019 | Common Stock | 3,441 | 3,441 | D |
| Performance Restricted Stock UnitsF2 | $0.00 | Dec 15, 2016 | A | 3,441 | A | — | Nov 15, 2019 | Common Stock | 3,441 | 6,882 | D |
Explanation of responses
- F1This Restricted Stock Unit award vests over three years with one third of the grant vesting on each of the subsequent anniversaries of the grant.
- F2This Restricted Stock Performance Unit award vests after the three year anniversary of the grant based on the relative performance of the underlying stock versus the Russell 2000 Index for the 90 trading days on and prior to November 15, 2019 versus the same 90 trading day period ending November 15, 2016. The number of shares in the table reflects the number of RSUs at target. The actual range of RSUs is 0-200% of the target number, depending upon what achievement, if any, results at the measurement date.