SEC Form 4 · accession 0000820318-16-000028
COHERENT CORP. · COHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph J Corasanti
Director
Period of report
Jun 7, 2016
Accepted (ET)
Jun 9, 2016 · 4:59 pm EDT
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 | Jun 7, 2016 | M | 13,400 | $15.98 | A | 47,450 | D | |
| Common StockF1 | Jun 7, 2016 | S | 13,400 | $20.6019 | D | 34,050 | D | |
| Common Stock | Jun 8, 2016 | M | 20,000 | $15.415 | A | 54,050 | D | |
| Common StockF2 | Jun 8, 2016 | S | 20,000 | $20.6644 | D | 34,050 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (Right to buy)F3,F4 | $15.98 | Jun 7, 2016 | M | 13,400 | D | — | Feb 10, 2017 | Common Stock | 13,400 | 0 | D |
| Options (Right to buy)F5,F6 | $15.415 | Jun 8, 2016 | M | 20,000 | D | — | Feb 9, 2018 | Common Stock | 20,000 | 0 | D |
Explanation of responses
- F1Represents the weighted average of multiple sales transactions ranging in price from $20.59 to $20.615. 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.
- F2Represents the weighted average of multiple sales transactions ranging in price from $20.60 to $20.75. 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.
- F3The options previously were reported as covering 6,700 shares at an exercise price of $31.96 per share but were adjusted to reflect a 2-for-1 stock split that occurred on June 27, 2011.
- F4The options vested in five equal annual installments beginning on February 10, 2008.
- F5The options previously were reported as covering 10,000 shares at an exercise price of $30.83 per share but were adjusted to reflect a 2-for-1 stock split that occurred on June 27, 2011.
- F6The options vested in five equal annual installments beginning on February 9, 2009.