Christopher Koeppen - 13 Aug 2024 Form 4 Insider Report for COHERENT CORP. (COHR)

Signature
/s/ Jeffrey W. Acre, Attorney-in-Fact
Issuer symbol
COHR
Transactions as of
13 Aug 2024
Net transactions value
-$142,016
Form type
4
Filing time
15 Aug 2024, 19:16:17 UTC
Previous filing
02 Jul 2024
Next filing
30 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COHR Common Stock Award $0 +5,031 +8% $0.000000 68,042 13 Aug 2024 Direct F1, F2
transaction COHR Common Stock Tax liability $0 -1,434 -2.1% $0.000000 66,608 13 Aug 2024 Direct F3
transaction COHR Common Stock Sale $106,278 -1,500 -2.3% $70.85 65,108 15 Aug 2024 Direct F4, F5
transaction COHR Common Stock Sale $35,738 -500 -0.77% $71.48 64,608 15 Aug 2024 Direct F4, F6
holding COHR Common Stock 15 13 Aug 2024 By Daughter
holding COHR Common Stock 15 13 Aug 2024 By Son
* 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 Represents shares issued upon payout of Performance Share Units granted in August 2021.
F2 Includes 524 shares acquired in non-reportable transactions through Coherent Corp.'s employee stock purchase plan.
F3 These shares were withheld by the Company to discharge withholding tax obligations of the reporting person and do not constitute an actual sale or other open market transaction.
F4 The sale transactions in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 15, 2023.
F5 Represents the weighted average of multiple sale transactions ranging in price from $70.29 to $71.22. 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.
F6 Represents the weighted average of multiple sale transactions ranging in price from $71.33 to $71.63. 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.