4//SEC Filing
AMBROSEO JOHN 4
Accession 0001179110-19-011861
CIK 0000021510other
Filed
Nov 18, 7:00 PM ET
Accepted
Nov 19, 5:08 PM ET
Size
17.7 KB
Accession
0001179110-19-011861
Insider Transaction Report
Form 4
COHERENT INCCOHR
AMBROSEO JOHN
DirectorPres. and CEO
Transactions
- Tax Payment
Common Stock
2019-11-15$155.84/sh−20,398$3,178,824→ 188,343 total(indirect: By Trust) - Award
Common Stock
2019-11-15+1,283→ 11,428 total - Tax Payment
Common Stock
2019-11-15$155.84/sh−2,902$452,248→ 167,601 total(indirect: By Trust) - Exercise/Conversion
Common Stock
2019-11-15+32,141→ 199,742 total(indirect: By Trust) - Exercise/Conversion
Common Stock
2019-11-15+5,889→ 170,503 total(indirect: By Trust) - Award
Common Stock
2019-11-15+8,999→ 208,741 total(indirect: By Trust) - Exercise/Conversion
Restricted Stock Units
2019-11-15−5,889→ 32,141 totalExercise: $0.00From: 2019-11-15Exp: 2019-11-15→ Common Stock (5,889 underlying) - Exercise/Conversion
Performance Restricted Stock Units
2019-11-15−32,141→ 0 totalExercise: $0.00Exp: 2019-11-15→ Common Stock (32,141 underlying)
Footnotes (7)
- [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 achievement of 128% of the performance criteria beyond the target number, as described in footnote (7) on Table II.
- [F4]On November 15, 2019 the Reporting Person was granted 1,283 Restricted Stock Units which will vest on December 28, 2019.
- [F5]The Compensation and HR Committee determined to make an automatic grant on the first day of each fiscal quarter on which Mr. Ambroseo holds his current position, with a vest date of the last day of such fiscal quarter in an amount approximately equal to the same value as the grant reported here.
- [F6]Includes 11,428 Restricted Stock Units.
- [F7]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 15, 2019 versus the same 90 trading day period ending November 15, 2016. 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 0001234301
Filing Metadata
- Form type
- 4
- Filed
- Nov 18, 7:00 PM ET
- Accepted
- Nov 19, 5:08 PM ET
- Size
- 17.7 KB