Mark Stewart Sobey - 13 Nov 2021 Form 4 Insider Report for COHERENT INC (COHR)

Signature
/s/ Bret DiMarco pursuant to Power of Attorney
Issuer symbol
COHR
Transactions as of
13 Nov 2021
Net transactions value
-$544,159
Form type
4
Filing time
16 Nov 2021, 18:16:25 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 +2,864 +5.5% $0.000000 55,330 13 Nov 2021 Direct F1
transaction COHR Common Stock Tax liability $544,159 -2,101 -3.8% $259.00 53,229 13 Nov 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 Unit Award $0 +2,864 $0.000000* 0 13 Nov 2021 Common Stock 2,864 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 35,910 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.