SEC Form 4 · accession 0001562180-19-001588
COHERENT CORP. · COHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David G Wagner
Officer — VP, Human Resources
Period of report
Feb 28, 2019
Accepted (ET)
Mar 4, 2019 · 4:40 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 28, 2019 | M | 9,900 | $19.37 | A | 68,317 | D | |
| Common StockF2 | Feb 28, 2019 | S | 9,900 | $41.85 | D | 58,417 | D | |
| Common Stock | Mar 1, 2019 | M | 1,420 | $19.37 | A | 59,837 | D | |
| Common Stock | Mar 1, 2019 | M | 1,880 | $21.67 | A | 61,717 | D | |
| Common Stock | Mar 1, 2019 | S | 3,300 | $43.00 | D | 58,417 | D | |
| Common StockF3 | holding | — | — | — | 500 | I | By Father |
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 | $19.37 | Feb 28, 2019 | M | 9,900 | D | — | Aug 18, 2022 | Common Stock | 9,900 | 1,420 | D |
| Option (Right to Buy)F4 | $19.37 | Mar 1, 2019 | M | 1,420 | D | — | Aug 18, 2022 | Common Stock | 1,420 | 0 | D |
| Option (Right to Buy)F5 | $21.67 | Mar 1, 2019 | M | 1,880 | D | — | Aug 20, 2026 | Common Stock | 1,880 | 11,500 | 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 February 9, 2019.
- F2Represents the weighted average of multiple sale transactions ranging in price from $41.4700 to $42.0000. 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.
- 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 options vested in five equal annual installments beginning on August 17, 2014.
- F5The options vest in four equal annual installments beginning on August 20, 2017.