4//SEC Filing
Merk Thomas 4
Accession 0001179110-19-011864
CIK 0000021510other
Filed
Nov 18, 7:00 PM ET
Accepted
Nov 19, 5:11 PM ET
Size
14.5 KB
Accession
0001179110-19-011864
Insider Transaction Report
Form 4
COHERENT INCCOHR
Merk Thomas
EVP & GM, ILS
Transactions
- Exercise/Conversion
Common Stock
2019-11-15+3,441→ 8,041 total - Award
Common Stock
2019-11-15+963→ 9,004 total - Tax Payment
Common Stock
2019-11-15$155.84/sh−2,275$354,536→ 6,729 total - Award
Common Stock
2019-11-15+2,567→ 9,296 total - Exercise/Conversion
Performance Restricted Stock Units
2019-11-15−3,441→ 1,147 totalExercise: $0.00Exp: 2019-11-15→ Common Stock (3,441 underlying) - Award
Performance Restricted Stock Units
2019-11-15+2,096→ 2,096 totalExercise: $0.00Exp: 2022-11-15→ Common Stock (2,096 underlying)
Footnotes (6)
- [F1]Additional shares acquired pursuant to the achievement of 128% of the performance criteria beyond the target number, as described in footnote (5) on Table II.
- [F2]Represents shares withheld to satisfy minimum tax withholding obligations for released restricted stock units.
- [F3]On November 15, 2019 the Reporting Person was granted 2567 Restricted Stock Units which will vest in three equal installments on each of November 15, 2020, November 15, 2021 and November 15, 2022.
- [F4]Includes 4990 Restricted Stock Units.
- [F5]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.
- [F6]This Performance Restricted Stock Unit award vests after the three year anniversary of the grant based on the relative performance of the underlying stock versus the Russell 1000 Index for the 90 trading days on and prior to November 15, 2022 versus the same 90 trading day period ending November 15, 2019. 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.
Documents
Issuer
COHERENT INC
CIK 0000021510
Entity typeother
Related Parties
1- filerCIK 0001354691
Filing Metadata
- Form type
- 4
- Filed
- Nov 18, 7:00 PM ET
- Accepted
- Nov 19, 5:11 PM ET
- Size
- 14.5 KB