8K COVER NOV14

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (date of earliest event reported): November 8, 2013
 
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)
 
(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))

 









ITEM 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On November 8, 2013, the Compensation and H.R. Committee (the “Committee”) of the Board of Directors of Coherent, Inc. (the “Company”) approved the grant of performance-based restricted stock units (the “PRSUs”) to the executive officers named, and for the minimum, target and maximum number of shares of Common Stock of the Company, set forth below. The PRSUs vest on November 8, 2016 solely upon the achievement of certain performance metrics by the Company, as set forth in the form of PRSU Award Terms which is attached to this current report as Exhibit 10.1.

 
 
Range
 
Name
 
Minimum
 
Target
 
Maximum
 
John Ambroseo
 
0
 
29,500
 
59,000
 
Helene Simonet
 
0
 
3,648
 
7,296
 
Mark Sobey
 
0
 
3,428
 
6,856
 
Paul Sechrist
 
0
 
2,923
 
5,846
 
Bret DiMarco
 
0
 
2,989
 
5,978
 



In addition, on November 8, 2013, the Committee approved an increase in the annual base salary of Mark Sobey, the Company’s Executive Vice President and General Manager, Specialty Laser Systems, from $360,000 to $370,000.

ITEM 9.01.    Financial Statements and Exhibits

(d)    Exhibits

Exhibit No.
Description
10.1‡
Form of PRSU Award Terms
 
‡ Identifies management contract or compensatory plans or arrangements required to be filed as an exhibit.



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: November 14, 2013
 
 
By: /s/ Bret M. DiMarco
 
 
Bret M. DiMarco
 
Executive Vice President and
 
General Counsel

 


EXHIBIT INDEX
 
 
 
Exhibit No.
 
Description
 
 
10.1‡
 
Form of PRSU Award Terms


‡ Identifies management contract or compensatory plans or arrangements required to be filed as an exhibit.