SEC Form 4 · accession 0001191458-18-000003
COHERENT CORP. · COHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Francis J Kramer
Director
Period of report
Aug 28, 2018
Accepted (ET)
Aug 30, 2018 · 7:53 am 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 | Aug 28, 2018 | M | 900 | $12.075 | A | 225,790 | D | |
| Common Stock | Aug 28, 2018 | S | 900 | $50.00 | D | 224,890 | D | |
| Common StockF2 | Aug 28, 2018 | A | 1,608 | $0.00 | A | 226,498 | D | |
| Common Stock | Aug 29, 2018 | M | 10 | $12.075 | A | 226,508 | D | |
| Common Stock | Aug 29, 2018 | S | 10 | $50.00 | D | 226,498 | D | |
| Common StockF3 | holding | — | — | — | 285,401 | I | By Spousal Limited Access Trust | |
| Common StockF3 | holding | — | — | — | 89,657 | I | By GRAT |
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)F4,F5 | $12.075 | Aug 28, 2018 | M | 900 | D | — | Aug 15, 2019 | Common Stock | 900 | 59,150 | D |
| Option (Right to Buy)F6 | $49.90 | Aug 28, 2018 | A | 4,020 | A | — | Aug 28, 2028 | Common Stock | 4,020 | 4,020 | D |
| Option (Right to Buy)F4,F5 | $12.075 | Aug 29, 2018 | M | 10 | D | — | Aug 15, 2019 | Common Stock | 10 | 59,140 | D |
Explanation of responses
- F1The sale transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 10, 2018.
- F2These shares represent a restricted stock award granted to the reporting person pursuant to the II-VI Incorporated Amended and Restated 2012 Omnibus Incentive Plan. The award will vest in three equal annual installments beginning on August 28, 2019.
- F3The 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.
- F4The grant of these options previously was reported as covering 34,100 shares at an exercise price of $24.15 per share. These options were adjusted to reflect a 2-for-1 stock split that occurred on June 27, 2011.
- F5These options vested on August 15, 2012.
- F6These options will vest in four equal annual installments beginning on August 28, 2019.