Christopher Koeppen - 30 Jan 2024 Form 4 Insider Report for COHERENT CORP. (COHR)

Signature
/s/ Jeffrey W. Acre, Attorney-in-Fact
Issuer symbol
COHR
Transactions as of
30 Jan 2024
Net transactions value
-$52,694
Form type
4
Filing time
31 Jan 2024, 09:17:57 UTC
Previous filing
27 Dec 2023
Next filing
16 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COHR Common Stock Options Exercise $40,306 +1,860 +2.7% $21.67 70,522 30 Jan 2024 Direct
transaction COHR Common Stock Sale $93,000 -1,860 -2.6% $50.00 68,662 30 Jan 2024 Direct F1
holding COHR Common Stock 15 30 Jan 2024 By Daughter
holding COHR Common Stock 15 30 Jan 2024 By Son

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction COHR Option (Right to Buy) Options Exercise $0 -1,860 -100% $0.000000* 0 30 Jan 2024 Common Stock 1,860 $21.67 Direct F2
* 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 The options fully vested on August 20, 2020.