WALTER ROBERT BASHAW II - 28 Aug 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
28 Aug 2023
Net transactions value
$0
Form type
4
Filing time
29 Aug 2023, 15:30:32 UTC
Previous filing
01 Aug 2023
Next filing
05 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COHR Common Stock Tax liability $0 -11,660 -12% $0.000000 89,183 28 Aug 2023 Direct F1
holding COHR Common Stock 80 28 Aug 2023 By Children
holding COHR Common Stock 1,400 28 Aug 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 These shares were withheld by the company to discharge withholding tax obligations of the reporting person and do not constitute an actual sale or other open market transaction.