Vincent D. Mattera Jr. - 15 Apr 2024 Form 4 Insider Report for COHERENT CORP. (COHR)

Signature
/s/ Jeffrey W. Acre, Attorney-in-Fact
Issuer symbol
COHR
Transactions as of
15 Apr 2024
Net transactions value
-$265,483
Form type
4
Filing time
15 Apr 2024, 18:46:40 UTC
Previous filing
15 Mar 2024
Next filing
15 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COHR Common Stock Sale $120,346 -2,296 -0.34% $52.42 672,388 15 Apr 2024 Direct F1, F2
transaction COHR Common Stock Sale $145,137 -2,704 -0.4% $53.67 669,684 15 Apr 2024 Direct F1, F3
* 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 7, 2023.
F2 Represents the weighted average of multiple sale transactions ranging in price from $52.13 to $53.02. 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 $53.23 to $53.93. 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.