Walter Robert Bashaw II - Dec 6, 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
Dec 6, 2023
Transactions value $
-$300,058
Form type
4
Date filed
12/7/2023, 05:38 PM
Previous filing
Sep 5, 2023
Next filing
Mar 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COHR Common Stock Sale -$300K -7.5K -6.02% $40.01 117K Dec 6, 2023 Direct F1, F2
holding COHR Common Stock 80 Dec 6, 2023 By Children
holding COHR Common Stock 1.4K Dec 6, 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 $40.00 to $40.12. 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.