Walter Robert Bashaw II - Aug 1, 2023 Form 4 Insider Report for COHERENT CORP. (COHR)

Role
President
Signature
/s/ Jeffrey W. Acre, Attorney-in-Fact
Stock symbol
COHR
Transactions as of
Aug 1, 2023
Transactions value $
-$117,468
Form type
4
Date filed
8/1/2023, 06:16 PM
Previous filing
Jul 5, 2023
Next filing
Aug 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COHR Common Stock Sale -$103K -2.2K -2.13% $46.90 101K Aug 1, 2023 Direct F1, F2
transaction COHR Common Stock Sale -$14.3K -300 -0.3% $47.64 101K Aug 1, 2023 Direct F1, F3
holding COHR Common Stock 80 Aug 1, 2023 By Children
holding COHR Common Stock 1.4K Aug 1, 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 Represents the weighted average of multiple sale transactions ranging in price from $46.46 to $47.42. 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.
F3 Represents the weighted average of multiple sale transactions ranging in price from $47.49 to $47.76. 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.