Christopher Koeppen - Sep 14, 2023 Form 4 Insider Report for COHERENT CORP. (COHR)

Signature
/s/ Jeffrey W. Acre, Attorney-in-Fact
Stock symbol
COHR
Transactions as of
Sep 14, 2023
Transactions value $
-$162,232
Form type
4
Date filed
9/15/2023, 10:54 AM
Previous filing
Sep 5, 2023
Next filing
Oct 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COHR Common Stock Sale -$95.3K -2.88K -3.71% $33.14 74.7K Sep 14, 2023 Direct F1, F2
transaction COHR Common Stock Sale -$66.9K -1.99K -2.66% $33.68 72.7K Sep 14, 2023 Direct F1, F3
holding COHR Common Stock 15 Sep 14, 2023 By Daughter
holding COHR Common Stock 15 Sep 14, 2023 By Son
* 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 June 15, 2023.
F2 Represents the weighted average of multiple sale transactions ranging in price from $32.56 to $33.49 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 $33.57 to $33.83. 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.