UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
(Amendment No. 1)
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): March 31, 2020
COHERENT, INC.
(Exact name of registrant as specified in its charter)
| Delaware | | 001-33962 | | 94-1622541 |
(State or other jurisdiction of
incorporation) | | (Commission File No.) | | (IRS Employer Identification
Number) |
5100 Patrick Henry Drive
Santa Clara, CA 95054
(Address of principal executive offices, including zip code)
(408) 764-4000
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | | Trading Symbol(s) | | Name of each exchange on which
registered |
| Common Stock, $0.01 par value | | COHR | | The NASDAQ Stock Market LLC Nasdaq Global Select Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
As previously reported in the Current Report on Form 8-K filed by Coherent, Inc. (the “Company”) on April 6, 2020, Mark Sobey was promoted to Executive Vice President and Chief Operating Officer of the Company, effective April 6, 2020. As part of his compensation to recognize such promotion, the Compensation and HR Committee of the Company’s Board of Directors on April 17, 2020, increased Dr. Sobey’s annual base salary from $465,000 to $500,000 and granted him performance-based restricted stock units (“PRSUs”) with respect to a target of 3,614 shares, which PRSUs have a single vesting measurement date of April 6, 2023 dependent upon the Company’s common stock performance against the Russell 1000 Index.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | COHERENT, INC. |
| Date: April 23, 2020 | |
| | By: | /s/ Bret DiMarco |
| | Bret DiMarco |
| | Executive Vice President, General Counsel and Corporate Secretary |
| |
