Walter Robert Bashaw II - Mar 14, 2024 Form 4 Insider Report for COHERENT CORP. (COHR)

Role
President
Signature
/s/ Jeffrey W. Acre, Attorney-in-Fact
Stock symbol
COHR
Transactions as of
Mar 14, 2024
Transactions value $
-$492,186
Form type
4
Date filed
3/14/2024, 05:28 PM
Previous filing
Dec 7, 2023
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COHR Common Stock Options Exercise $0 +3.8K +3.24% $0.00 121K Mar 14, 2024 Direct
transaction COHR Common Stock Sale -$112K -1.88K -1.55% $59.50 119K Mar 14, 2024 Direct F1, F2
transaction COHR Common Stock Sale -$368K -6.1K -5.12% $60.39 113K Mar 14, 2024 Direct F1, F3
transaction COHR Common Stock Sale -$12.2K -200 -0.18% $61.16 113K Mar 14, 2024 Direct F1, F4
holding COHR Common Stock 80 Mar 14, 2024 By Children
holding COHR Common Stock 1.4K Mar 14, 2024 By Spouse

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 -3.8K -100% $0.00* 0 Mar 14, 2024 Common Stock 3.8K $18.73 Direct F5
* 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 December 14, 2023.
F2 Represents the weighted average of multiple sale transactions ranging in price from $59.08 to $60.00. 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 $60.08 to $61.05. 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.
F4 Represents the weighted average of multiple sale transactions ranging in price from $61.12 to $61.50. 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.
F5 The options vest in five equal annual installments beginning on November 7, 2016.