WALTER ROBERT BASHAW II - 09 Jun 2023 Form 4 Insider Report for COHERENT CORP. (COHR)

Role
President
Signature
/s/ Jeffrey W. Acre, Attorney-in-Fact
Issuer symbol
COHR
Transactions as of
09 Jun 2023
Net transactions value
-$100,000
Form type
4
Filing time
12 Jun 2023, 13:51:20 UTC
Previous filing
30 Aug 2022
Next filing
16 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COHR Common Stock Sale $100,000 -2,500 -2.1% $40.00 116,142 09 Jun 2023 Direct F1, F2
holding COHR Common Stock 80 09 Jun 2023 By Children
holding COHR Common Stock 1,400 09 Jun 2023 By Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 6, 2023.
F2 Includes 223 shares acquired in a non-reportable transaction through Coherent Corp.'s employee stock purchase plan.