4//SEC Filing
Sechrist Paul F 4
Accession 0001179110-18-012894
CIK 0000021510other
Filed
Nov 14, 7:00 PM ET
Accepted
Nov 15, 5:10 PM ET
Size
17.5 KB
Accession
0001179110-18-012894
Insider Transaction Report
Form 4
COHERENT INCCOHR
Sechrist Paul F
EVP Worldwide Sales & Services
Transactions
- Exercise/Conversion
Common Stock
2018-11-13+2,445→ 3,310 total(indirect: By Trust) - Tax Payment
Common Stock
2018-11-13$123.26/sh−846$104,278→ 2,464 total(indirect: By Trust) - Exercise/Conversion
Common Stock
2018-11-13+3,667→ 6,131 total(indirect: By Trust) - Award
Common Stock
2018-11-13+3,667→ 9,798 total(indirect: By Trust) - Tax Payment
Common Stock
2018-11-13$123.26/sh−3,103$382,476→ 6,695 total(indirect: By Trust) - Award
Common Stock
2018-11-13+6,588→ 8,252 total - Exercise/Conversion
Restricted Stock Units
2018-11-13−2,445→ 11,400 totalExercise: $0.00From: 2018-11-13Exp: 2018-11-13→ Common Stock (2,445 underlying) - Exercise/Conversion
Performance Restricted Stock Units
2018-11-13−3,667→ 7,733 totalExercise: $0.00Exp: 2018-11-13→ Common Stock (3,667 underlying)
Footnotes (6)
- [F1]Released shares issued to family trust.
- [F2]Represents shares withheld to satisfy minimum tax withholding obligations for released restricted stock units.
- [F3]Additional shares acquired pursuant to the maximum achievement of the performance criteria beyond the target number, as described in footnote (5) on Table II.
- [F4]On November 13, 2018 the Reporting Person was granted 6,588 Restricted Stock Units which will vest in three equal installments on each of November 13, 2019, November 13, 2020 and November 13, 2021.
- [F5]Includes 8,252 Restricted Stock Units.
- [F6]This Performance Restricted Stock Unit award vested on 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, 2018 versus the same 90 trading day period ending November 13, 2015. The number of shares in the table reflects the target number of achieved RSUs. The actual range of RSUs was 0-200% of the target number, depending upon the achievement results at the measurement date.
Documents
Issuer
COHERENT INC
CIK 0000021510
Entity typeother
Related Parties
1- filerCIK 0001517320
Filing Metadata
- Form type
- 4
- Filed
- Nov 14, 7:00 PM ET
- Accepted
- Nov 15, 5:10 PM ET
- Size
- 17.5 KB