SEC Form 4 · accession 0001222113-17-000001
COHERENT CORP. · COHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc Y E Pelaez
Director
Period of report
Feb 21, 2017
Accepted (ET)
Feb 23, 2017 · 5:24 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 21, 2017 | M | 20,000 | $15.415 | A | 63,245 | D | |
| Common Stock | Feb 21, 2017 | M | 23,000 | $10.04 | A | 86,245 | D | |
| Common StockF1 | Feb 21, 2017 | S | 25,833 | $39.0285 | D | 60,412 | D |
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)F2,F3 | $15.415 | Feb 21, 2017 | M | 20,000 | A | — | Feb 9, 2018 | Common Stock | 20,000 | 0 | D |
| Option (Right to Buy)F4,F5 | $10.04 | Feb 21, 2017 | M | 23,000 | A | — | Feb 7, 2019 | Common Stock | 23,000 | 0 | D |
Explanation of responses
- F1Represents the weighted average of multiple sales transactions ranging in price from $39.05 to $39.11. 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 options previously were reported as covering 10,000 shares at an exercise price of $30.83 per share but were adjusted to reflect a 2-for-1 stock split that occurred on June 27, 2011.
- F3The options vested in five equal annual installments beginning on February 9, 2009.
- F4The options previously were reported as covering 11,500 shares at an exercise price of $20.08 per share but were adjusted to reflect a 2-for-1 stock split that occurred on June 27, 2011.
- F5The options vested in five equal annual installments beginning on February 7, 2010.