COHERENT CORP. — Director's Dealing 2017

Oct 3, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: II-VI INC (IIVI)
CIK: 0000820318
Period of Report: 2017-10-02

Reporting Person: KRAMER FRANCIS J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-10-02	Common Stock	M	25000	$23.495	Acquired	294409	Direct
2017-10-02	Common Stock	S	25000	$42	Disposed	269409	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-10-02	Option (Right to Buy)	$23.495	M	25000	Disposed	2018-08-16	Common Stock (25000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	285401	Indirect
Common Stock	89657	Indirect

Footnotes

F1: In September 2017, the reporting person contributed 89,657 shares previously owned directly by him to a grantor retained annuity trust (the "GRAT") in a non-reportable transaction. The shares contributed to the GRAT are now being reported as indirectly held by the reporting person.

F2: The sale transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 13, 2017.

F3: The reporting person disclaims beneficial ownership of these securities, other than to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

F4: The grant of these options previously was reported as covering 20,925 shares at an exercise price of $46.99 per share. These options were adjusted to reflect a 2-for-1 stock split that occurred on June 27, 2011.

F5: These options vested in five equal annual installments beginning on August 16, 2009.