Bret DiMarco - 13 Nov 2021 Form 4 Insider Report for COHERENT INC (COHR)

Signature
/s/ Bret DiMarco
Issuer symbol
COHR
Transactions as of
13 Nov 2021
Net transactions value
-$435,379
Form type
4
Filing time
16 Nov 2021, 18:13:49 UTC
Previous filing
07 Oct 2021
Next filing
17 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COHR Common Stock Options Exercise $0 +2,291 +9% $0.000000 27,634 13 Nov 2021 Family Trust F1
transaction COHR Common Stock Tax liability $435,379 -1,681 -6.1% $259.00* 25,953 13 Nov 2021 Family Trust F2
holding COHR Common Stock 27,335 13 Nov 2021 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction COHR Performance Restricted Stock Units Options Exercise $0 -2,291 -100% $0.000000* 0 13 Nov 2021 Common Stock 2,291 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Released shares issued to family trust.
F2 Represents shares withheld to satisfy minimum tax withholding obligations for released restricted stock units and performance restricted stock units.
F3 Includes 27,335 Restricted Stock Units.
F4 This Performance Restricted Stock Unit award vested after the three year anniversary of the grant based on the relative performance of the underlying stock versus the Russell 1000 Index for the 90 trading days on and prior to November 13, 2021 versus the same 90 trading day period ending November 13, 2018. The number of shares reflects achievement of 72% of the number of RSUs at target.