SEC Form 4 · accession 0001191458-17-000008

COHERENT CORP. · COHR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Oct 2, 2017

Accepted (ET)

Oct 3, 2017 · 1:52 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^F1	Oct 2, 2017	M	25,000	$23.495	A	294,409	D
Common Stock	Oct 2, 2017	S	25,000	$42.00	D	269,409	D
Common Stock^F3	holding	—	—		—	285,401	I	By Spousal Limited Access Trust
Common Stock^F1,F3	holding	—	—		—	89,657	I	By GRAT

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Option (Right to Buy)^F4,F5	$23.495	Oct 2, 2017	M	25,000	D	—	Aug 16, 2018	Common Stock	25,000	16,850	D

F1In September 2017, the reporting person contributed 89,657 shares previously owned directly by him to a grantor retained annuity trust (the "GRAT") in a non-reportable transaction. The shares contributed to the GRAT are now being reported as indirectly held by the reporting person.
F2The sale transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 13, 2017.
F3The reporting person disclaims beneficial ownership of these securities, other than to the extent of his 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.
F4The grant of these options previously was reported as covering 20,925 shares at an exercise price of $46.99 per share. These options were adjusted to reflect a 2-for-1 stock split that occurred on June 27, 2011.
F5These options vested in five equal annual installments beginning on August 16, 2009.