MARY J. RAYMOND - 20 Jun 2023 Form 4 Insider Report for COHERENT CORP. (COHR)

Signature
/s/ Jeffrey W. Acre, Attorney-in-Fact
Issuer symbol
COHR
Transactions as of
20 Jun 2023
Net transactions value
-$60,000
Form type
4
Filing time
20 Jun 2023, 17:23:41 UTC
Previous filing
16 Jun 2023
Next filing
05 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COHR Common Stock Sale $60,000 -1,000 -0.58% $60.00 170,856 20 Jun 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 14, 2023.