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COHERENT CORP. — Director's Dealing 2018
Aug 30, 2018
30355_dirs_2018-08-30_10ce80f2-1adf-457d-b966-623b4655b3aa.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: II-VI INC (IIVI)
CIK: 0000820318
Period of Report: 2018-08-28
Reporting Person: KRAMER FRANCIS J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-08-28 | Common Stock | M | 900 | $12.075 | Acquired | 225790 | Direct |
| 2018-08-28 | Common Stock | S | 900 | $50 | Disposed | 224890 | Direct |
| 2018-08-28 | Common Stock | A | 1608 | — | Acquired | 226498 | Direct |
| 2018-08-29 | Common Stock | M | 10 | $12.075 | Acquired | 226508 | Direct |
| 2018-08-29 | Common Stock | S | 10 | $50 | Disposed | 226498 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-08-28 | Option (Right to Buy) | $12.075 | M | 900 | Disposed | 2019-08-15 | Common Stock (900) | Direct |
| 2018-08-28 | Option (Right to Buy) | $49.9 | A | 4020 | Acquired | 2028-08-28 | Common Stock (4020) | Direct |
| 2018-08-29 | Option (Right to Buy) | $12.075 | M | 10 | Disposed | 2019-08-15 | Common Stock (10) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 285401 | Indirect |
| Common Stock | 89657 | Indirect |
Footnotes
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 10, 2018.
F2: These shares represent a restricted stock award granted to the reporting person pursuant to the II-VI Incorporated Amended and Restated 2012 Omnibus Incentive Plan. The award will vest in three equal annual installments beginning on August 28, 2019.
F3: The reporting person disclaims beneficial ownership of these securities, other than to the extent of the reporting person's 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 34,100 shares at an exercise price of $24.15 per share. These options were adjusted to reflect a 2-for-1 stock split that occurred on June 27, 2011.
F5: These options vested on August 15, 2012.
F6: These options will vest in four equal annual installments beginning on August 28, 2019.