WALTER ROBERT BASHAW II - 06 Dec 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
06 Dec 2023
Net transactions value
-$300,058
Form type
4
Filing time
07 Dec 2023, 17:38:05 UTC
Previous filing
05 Sep 2023
Next filing
14 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COHR Common Stock Sale $300,058 -7,500 -6% $40.01 117,159 06 Dec 2023 Direct F1, F2
holding COHR Common Stock 80 06 Dec 2023 By Children
holding COHR Common Stock 1,400 06 Dec 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.