UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On March 16, 2022, the Compensation and HR Committee of the Board of Directors of Coherent, Inc. (the “Company”) approved the making of retention payments to Kevin Palatnik, the Company’s Executive Vice President and Chief Financial Officer, in the amount of $200,000 per month for each month from March, 2022 through the month of the closing of the transaction contemplated by the Agreement and Plan of Merger by and among the Company, II-VI Incorporated and Watson Merger Sub Inc. dated as of March 25, 2021.
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: March 18, 2022 | ||
By: | /s/ Bret DiMarco | |
Bret DiMarco | ||
Executive Vice President, Chief Legal Officer and | ||
Corporate Secretary |