SEC Form 4 · accession 0001191458-17-000001
COHERENT CORP. · COHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Francis J Kramer
Director
Period of report
Feb 2, 2017
Accepted (ET)
Feb 3, 2017 · 6:46 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 | Feb 2, 2017 | M | 35,200 | $13.885 | A | 582,877 | D | |
| Common StockF1 | Feb 2, 2017 | S | 131,088 | $36.2599 | D | 451,789 | D | |
| Common Stock | Feb 3, 2017 | S | 12,564 | $36.30 | D | 439,225 | 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 | $13.885 | Feb 2, 2017 | M | 35,200 | D | — | Aug 11, 2017 | Common Stock | 35,200 | 0 | D |
Explanation of responses
- F1Represents the weighted average of multiple sales transactions ranging in price from $36.23 to $36.33. 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.
- F3The options previously were reported as covering 17,600 shares at an exercise price of $27.77 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 August 11, 2008.