SEC Form 4 · accession 0001222113-17-000003
COHERENT CORP. · COHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc Y E Pelaez
Director
Period of report
Mar 27, 2017
Accepted (ET)
Mar 29, 2017 · 12:44 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 | Mar 27, 2017 | M | 17,120 | $12.075 | A | 73,927 | D | |
| Common StockF1 | Mar 27, 2017 | S | 10,573 | $38.8394 | D | 63,354 | 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 | $12.075 | Mar 27, 2017 | M | 17,120 | D | — | Aug 15, 2019 | Common Stock | 17,120 | 0 | D |
Explanation of responses
- F1Represents the weighted average of multiple sales transactions ranging in price from $38.8250 to $39.1153. 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 8,560 shares at an exercise price of $24.15 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 August 15, 2010.