Mattes Andreas W 4
4 · COHERENT INC · Filed Apr 21, 2020
Insider Transaction Report
Form 4
COHERENT INCCOHR
Mattes Andreas W
DirectorPresident and CEO
Transactions
- Award
Performance Restricted Stock Units
2020-04-17+25,057→ 25,057 totalExercise: $0.00Exp: 2023-04-06→ Common Stock (25,057 underlying) - Award
Common Stock
2020-04-17+16,165→ 16,165 total
Footnotes (3)
- [F1]On April 17, 2020 the Reporting Person was granted 16,165 Restricted Stock Units which will vest in three equal installments on each of April 17, 2021 and April 17, 2022 and April 17, 2023.
- [F2]Includes 16,165 Restricted Stock Units.
- [F3]This Performance Restricted Stock Unit ("PRSU") award vests April 6, 2023 based on the relative performance of the underlying stock versus the Russell 1000 Index for the 20 trading days on and prior to April 6, 2023 versus the 20 trading day period beginning April 6, 2020. The number of shares in the table reflects the number of PRSUs at target. The actual range of PRSUs is 0-200% of the target number, depending upon what achievement, if any, results at the measurement date.