SEC Form 4 · accession 0001191458-16-000001
COHERENT CORP. · COHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Francis J Kramer
Officer — Chief Executive Officer · Director
Period of report
Apr 29, 2016
Accepted (ET)
May 2, 2016 · 5:16 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 | Apr 29, 2016 | M | 18,000 | $10.365 | A | 556,577 | D | |
| Common Stock | Apr 29, 2016 | M | 8,300 | $10.535 | A | 564,877 | D | |
| Common StockF1 | Apr 29, 2016 | S | 26,300 | $20.788 | D | 538,577 | 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,F4 | $10.365 | Apr 29, 2016 | M | 18,000 | D | — | Aug 12, 2016 | Common Stock | 18,000 | 0 | D |
| Option (Right to buy)F5,F6 | $10.535 | Apr 29, 2016 | M | 8,300 | D | — | Aug 31, 2016 | Common Stock | 8,300 | 0 | D |
Explanation of responses
- F1Represents the weighted average of multiple sales transactions ranging in price from $20.61 to $20.97. 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 these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- F3This option was previously reported as covering 9,000 shares at an exercise price of $20.73 per share, but was adjusted to reflect the stock split that occurred on or about June 27, 2011.
- F4The option vested in 5 equal annual installments beginning on August 12, 2007.
- F5This option was previously reported as covering 4,150 shares at an exercise price of $21.07 per share, but was adjusted to reflect the stock split that occurred on or about June 27, 2011.
- F6The option vested in 5 equal annual installments beginning on August 31, 2007.