-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EjPuFYPdw2t15C0brOgMeCehI0OrvfUc3MVwObIt50FOokVaQYDyiyAFZpAPJSDy 8pUuwbP9MUIsz6y+iPEwng== 0001104659-06-041381.txt : 20060613 0001104659-06-041381.hdr.sgml : 20060613 20060613130747 ACCESSION NUMBER: 0001104659-06-041381 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060607 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20060613 DATE AS OF CHANGE: 20060613 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COHERENT INC CENTRAL INDEX KEY: 0000021510 STANDARD INDUSTRIAL CLASSIFICATION: LABORATORY ANALYTICAL INSTRUMENTS [3826] IRS NUMBER: 941622541 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-05255 FILM NUMBER: 06901814 BUSINESS ADDRESS: STREET 1: 5100 PATRICK HENRY DR CITY: SANTA CLARA STATE: CA ZIP: 95054 BUSINESS PHONE: 4087644000 MAIL ADDRESS: STREET 1: 5100 PATRICK HENRY DRIVE STREET 2: MAIL STOP P38 CITY: SANTA CLARA STATE: CA ZIP: 95054 FORMER COMPANY: FORMER CONFORMED NAME: COHERENT RADIATION DATE OF NAME CHANGE: 19770604 8-K 1 a06-13669_18k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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)

 

June 7, 2006

 

 

COHERENT, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

 

000-05255

 

94-1622541

(State or other jurisdiction of

 

(Commission File Number)

 

(IRS Employer

incorporation)

 

 

 

Identification No.)

 

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)

 

Not Applicable

(Former name or former address, if changed since last report)

 

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 (see General Instruction A.2. below):

 

o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 



Item 1.01   Entry into a Material Definitive Agreement

 

On June 7, 2006, the Board of Directors of Coherent, Inc. (the “Company”) ratified the determination of its Compensation and H.R. Committee to adopt a performance-based restricted stock program for certain employees of the Company, including grants to the Company’s executive officers. The restricted stock grants are subject to annual vesting over three years depending upon the achievement of performance measurements tied to the Company’s internal metrics for revenue growth and EBITDA percentage. The vesting of the restricted stock is variable, so that the number of shares earned can range from 0% to 125% of the grant target for 2006 and 0% to 200% of the grant target for 2007 and 2008. In addition, the aggregate restricted stock will be awarded on a staggered basis as follows:  25% in 2006, 35% in 2007 and 45% in 2008. Given the variability, the range of the aggregate number of shares of restricted stock which can be earned by the Company’s executive officers over the three year period is as follows:

 

John Ambroseo

0

-

52,562

 

Helen Simonet

0

-

24,468

 

Paul Meissner

0

-

12,687

 

Luis Spinelli

0

-

10,875

 

Ron Victor

0

-

6,706

 

Bret DiMarco

0

-

5,981

 

 



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.

 

 

 

 

By:

/s/ Bret M. DiMarco

 

 

Bret M. DiMarco

 

 

Executive Vice President and General Counsel

 

Date: June 13, 2006

 


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