SEC Form 4 · accession 0001191458-18-000004
COHERENT CORP. · COHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Francis J Kramer
Director
Period of report
Aug 30, 2018
Accepted (ET)
Sep 4, 2018 · 1:20 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 | Aug 30, 2018 | M | 9,090 | $12.075 | A | 235,588 | D | |
| Common Stock | Aug 30, 2018 | S | 9,090 | $50.00 | D | 226,498 | D | |
| Common StockF2 | holding | — | — | — | 285,401 | I | By Spousal Limited Access Trust | |
| Common StockF2 | 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)F3,F4 | $12.075 | Aug 30, 2018 | M | 9,090 | D | — | Aug 15, 2019 | Common Stock | 9,090 | 50,050 | 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.
- F2The 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.
- F3The 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.
- F4These options vested on August 15, 2012.