COHERENT INC 4
4 · COHERENT INC · Filed Nov 17, 2015
Insider Transaction Report
Form 4
COHERENT INCCOHR
SIMONET HELENE
Exec VP and CFO
Transactions
- Tax Payment
Common Stock
2015-11-13$61.06/sh−1,241$75,775→ 25,404 total - Exercise/Conversion
Common Stock
2015-11-13+3,300→ 26,645 total - Exercise/Conversion
Performance Restricted Stock Units
2015-11-13−3,300→ 15,216 totalExercise: $0.00Exp: 2015-11-13→ Common Stock (3,300 underlying)
Footnotes (3)
- [F1]Represents shares withheld to satisfy minimum tax withholding obligations for released restricted stock units.
- [F2]This Restricted Stock Performance Unit award vests after the three year anniversary of the grant based on the relative performance of the underlying stock versus the Russell 2000 Index for the 90 trading days on and prior to November 13, 2015 versus the same 90 trading day period ending November 13, 2012. The number of shares in the table reflects the number of RSUs at target. The actual range of RSUs is 0-200% of the target number, depending upon what achievement, if any, results at the measurement date.
- [F3]3300 shares received out of a possible 5500 target share payout. Derivatives beneficially owned total reduced by the 2200 shares not earned.