Kevin S. Palatnik - Nov 13, 2021 Form 4 Insider Report for COHERENT INC (COHR)

Role: Chief Financial Officer
Signature: /s/ Bret DiMarco pursuant to Power of Attorney
Stock symbol: COHR
Transactions as of: Nov 13, 2021
Transactions value $: -$665,630
Form type: 4
Date filed: 11/16/2021, 06:15 PM
Previous filing: Oct 5, 2021
Next filing: Nov 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	COHR	Common Stock	Options Exercise	$0	+3.67K	+7.09%	$0.00	55.4K	Nov 13, 2021	Direct	F1
transaction	COHR	Common Stock	Tax liability	-$666K	-2.57K	-4.64%	$259.00^*	52.8K	Nov 13, 2021	Direct	F1, F2

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	Award	$0	+3.67K		$0.00^*	0	Nov 13, 2021	Comon Stock	3.67K	$0.00	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 18,285 Restricted Stock Units.
F2	Represents shares withheld to satisfy minimum tax withholding obligations for released restricted stock units and performance restricted stock units.
F3	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.