SEC Form 4 · accession 0000820318-15-000002
COHERENT CORP. · COHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Francis J Kramer
Officer — Chairman & CEO · Director
Period of report
Jan 29, 2015
Accepted (ET)
Jan 29, 2015 · 4:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000820318
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 29, 2015 | M | 50,000 | $9.545 | A | 474,385 | D | |
| Common StockF1 | Jan 29, 2015 | S | 30,000 | $16.8697 | D | 444,385 | D | |
| Common StockF2 | holding | — | — | — | 285,401 | I | By Spousal Limited Access Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to buy)F3 | $9.545 | Jan 29, 2015 | M | 50,000 | D | — | Feb 24, 2015 | Common Stock | 50,000 | 0 | D |
Explanation of responses
- F1Represents the weighted average of multiple sales transactions ranging in price from $16.85 to $16.93. The reporting person agrees to provide full information regarding the number of shares sold at each separate price upon request by the SEC staff, the Company or a security holder of the Company.
- F2The reporting person disclaims beneficial ownership of shares held by the Spousal Limited Access Trust.
- F3The option vested in 5 equal annual installments beginning on February 24, 2005.