COHERENT INC 4
4 · COHERENT INC · Filed Nov 10, 2016
Insider Transaction Report
Form 4
COHERENT INCCOHR
SPINELLI LUIS
Exec VP, CTO
Transactions
- Exercise/Conversion
Common Stock
2016-11-08+1,142→ 8,078 total - Exercise/Conversion
Performance Restricted Stock Units
2016-11-08−1,714→ 9,517 totalExercise: $0.00Exp: 2016-11-08→ Common Stock (3,428 underlying) - Tax Payment
Common Stock
2016-11-08$116.57/sh−1,289$150,259→ 9,787 total - Exercise/Conversion
Restricted Stock Units
2016-11-08−1,142→ 11,231 totalExercise: $0.00From: 2016-11-08Exp: 2016-11-08→ Common Stock (1,142 underlying) - Tax Payment
Common Stock
2016-11-08$116.57/sh−430$50,125→ 7,648 total - Exercise/Conversion
Common Stock
2016-11-08+3,428→ 11,076 total
Footnotes (2)
- [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 8, 2016 versus the same 90 trading day period ending November 8, 2013. 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.