SEC Form 4 · accession 0001191458-17-000002
COHERENT CORP. · COHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Francis J Kramer
Director
Period of report
Feb 28, 2017
Accepted (ET)
Mar 1, 2017 · 3:46 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 StockF1,F2 | Feb 28, 2017 | S | 49,117 | $35.7426 | D | 390,108 | D | |
| Common StockF1,F3 | Feb 28, 2017 | S | 833 | $36.35 | D | 389,225 | D | |
| Common StockF4 | holding | — | — | — | 285,401 | I | By Spousal Limited Access Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares sold upon pay-out of the stock portion of the reporting person's deferred compensation account in order to facilitate the payment of the reporting person's associated tax obligations. The shares comprising the stock portion of the reporting person's deferred compensation account previously were reported in Table I and thereafter were reflected in the reporting person's aggregate beneficial ownership in Table I.
- F2Represents the weighted average of multiple sales transactions ranging in price from $35.3000 to $36.2999. 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.
- F3Represents the weighted average of multiple sales transactions ranging in price from $36.3500 to $37.3499. 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.
- F4The reporting person disclaims beneficial ownership of these securities, other than to the extent of the reporting person's pecuniary interest therein, 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.