SEC Info - Oliver Press Partners, LLC, et al. - ‘SC 13D/A’ on 11/19/09 re: Coherent Inc

SEC Info℠

Home

Help

Please Sign In

Oliver Press Partners, LLC, et al. – ‘SC 13D/A’ on 11/19/09 re: Coherent Inc

On: Thursday, 11/19/09, at 4:59pm ET · Accession #: 905718-9-565 · File #: 5-15939

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

11/19/09  Oliver Press Partners, LLC        SC 13D/A               1:19K  Coherent Inc                      Lowenstein Sandler PC/FA
          Augustus K. Oliver
          Clifford Press
          Oliver Press Investors, LLC

Amendment to General Statement of Beneficial Ownership — Schedule 13D
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13D/A    Sc13Dam6                                               9     34K

Document Table of Contents

Page	(sequential)	\|	(alphabetic)	Top
			Alternative Formats (Word, et al.) Exhibits Interest in Securities of the Issuer Is Hereby Amended as Follows: Is Hereby Deleted in Its Entirety and Replaced With the Following: Purpose of Transaction
1	1st Page - Filing Submission
6	Item 4. Purpose of Transaction
"	Item 4. Is Hereby Amended as Follows:
"	Item 5. Interest in Securities of the Issuer
"	Item 5. Is Hereby Deleted in Its Entirety and Replaced With the Following:
7	Item 7. Exhibits

SC 13D/A 1st Page of 9 TOC ↑Top Previous Next ↓Bottom Just 1st
 
 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
 Under the Securities Exchange Act of 1934
(Amendment No. 6)*

Coherent, Inc.
--------------------------------------------------------------------------------
(Name of Issuer)

 Common Stock, par value $0.01 per share
--------------------------------------------------------------------------------
(Title of Class of Securities)

 192479103
--------------------------------------------------------------------------------
(CUSIP Number)

                                 with a copy to:
Augustus K. Oliver                          Allen B. Levithan, Esq.   
Oliver Press Partners, LLC                  Lowenstein Sandler PC     
152 West 57th Street                        65 Livingston Avenue      
New York, New York 10019                    Roseland, New Jersey 07068
(212) 277-5654                              (973) 597-2406            
--------------------------------------------------------------------------------
 (Name, Address and Telephone Number of Person
 Authorized to Receive Notices and Communications)

 November 19, 2009
--------------------------------------------------------------------------------
 (Date of Event which Requires Filing of this Statement)

If the filing person has previously  filed a statement on Schedule l3G to report
the  acquisition  that is the subject of this  Schedule  13D, and is filing this
schedule because of Sections 240.13d-1(e),  240.13d-1(f) or 240.13d-1(g),  check
the following box. [ ]                                                          

Note:  Schedules  filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits.  See Section 240.13d-7 for other
parties to whom copies are to be sent.                                          

*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for  any  subsequent   amendment   containing   information  which  would  alter
disclosures provided in a prior cover page.                                     

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).                                                                         

SC 13D/A 2nd Page of 9 TOC 1st Previous Next ↓Bottom Just 2nd
Cusip No.     192479103                                                         
--------------------------------------------------------------------------------
1.   Names of Reporting  Persons:  Oliver Press Partners, LLC                   
    I.R.S.  Identification  Nos. of above persons (entities only):  20-2688930

--------------------------------------------------------------------------------
2.   Check the Appropriate Box if a Member of a Group (See Instructions):       

(a)                                                                   
(b)    X                                                              
--------------------------------------------------------------------------------
3.   SEC Use Only                                                               

--------------------------------------------------------------------------------
4.   Source of Funds (See Instructions):  OO                                    
--------------------------------------------------------------------------------
5.   Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d)
or 2(e):                                                              

--------------------------------------------------------------------------------
6.   Citizenship or Place of Organization:  Delaware                            
--------------------------------------------------------------------------------

  Number of                          7. Sole Voting Power:                   0
                                         ---------------------------------------
   Shares Beneficially                8. Shared Voting Power:         2,531,676*
                                         ---------------------------------------
Owned by                                                                  
  Each Reporting                     9. Sole Dispositive Power:              0
                                         ---------------------------------------
   Person With                       10. Shared Dispositive Power:    2,531,676*
                                         ---------------------------------------
--------------------------------------------------------------------------------
11.  Aggregate Amount Beneficially Owned by Each Reporting Person:   2,531,676* 
--------------------------------------------------------------------------------
12.  Check if the Aggregate Amount in Row (11) Excludes Certain Shares          
(See Instructions):                                                   
--------------------------------------------------------------------------------
13.  Percent of Class Represented by Amount in Row (11):  10.4%*                
--------------------------------------------------------------------------------
14.  Type of Reporting Person (See Instructions):  IA                           
--------------------------------------------------------------------------------

* This is a joint filing by Oliver Press Partners,  LLC, Oliver Press Investors,
LLC,  Augustus K. Oliver and Clifford Press, who share the power to vote and the
power to direct the disposition of the 194,897 shares of common stock, par value
$0.01 per share (the "Shares"),  of Coherent,  Inc., a Delaware corporation (the
"Company"),  owned,  as of November 19, 2009,  by  Davenport  Partners,  L.P., a
Delaware  limited  partnership,  the  2,280,771  Shares owned by JE Partners,  a
Bermuda partnership, and the 56,208 Shares owned by Oliver Press Master Fund LP,
a Cayman limited partnership.                                                   

SC 13D/A 3rd Page of 9 TOC 1st Previous Next ↓Bottom Just 3rd
Cusip No.     192479103                                                         
--------------------------------------------------------------------------------
1.   Names of Reporting  Persons:  Oliver Press Investors, LLC                  
    I.R.S.  Identification  Nos. of above persons (entities only):  20-2688868

--------------------------------------------------------------------------------
2.   Check the Appropriate Box if a Member of a Group (See Instructions):       

(a)                                                                   
(b)    X                                                              
--------------------------------------------------------------------------------
3.   SEC Use Only                                                               

--------------------------------------------------------------------------------
4.   Source of Funds (See Instructions):  OO                                    
--------------------------------------------------------------------------------
5.   Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d)
or 2(e):                                                              

--------------------------------------------------------------------------------
6.   Citizenship or Place of Organization:  Delaware                            
--------------------------------------------------------------------------------

  Number of                          7. Sole Voting Power:                   0
                                         ---------------------------------------
   Shares Beneficially                8. Shared Voting Power:         2,531,676*
                                         ---------------------------------------
Owned by                                                                  
  Each Reporting                     9. Sole Dispositive Power:              0
                                         ---------------------------------------
   Person With                       10. Shared Dispositive Power:    2,531,676*
                                         ---------------------------------------
--------------------------------------------------------------------------------
11.  Aggregate Amount Beneficially Owned by Each Reporting Person:   2,531,676* 
--------------------------------------------------------------------------------
12.  Check if the Aggregate Amount in Row (11) Excludes Certain Shares          
(See Instructions):                                                   
--------------------------------------------------------------------------------
13.  Percent of Class Represented by Amount in Row (11):  10.4%*                
--------------------------------------------------------------------------------
14.  Type of Reporting Person (See Instructions):  PN                           
--------------------------------------------------------------------------------

* This is a joint filing by Oliver Press Partners,  LLC, Oliver Press Investors,
LLC,  Augustus K. Oliver and Clifford Press, who share the power to vote and the
power to direct the disposition of the 194,897 shares of common stock, par value
$0.01 per share (the "Shares"),  of Coherent,  Inc., a Delaware corporation (the
"Company"),  owned,  as of November 19, 2009,  by  Davenport  Partners,  L.P., a
Delaware  limited  partnership,  the  2,280,771  Shares owned by JE Partners,  a
Bermuda partnership, and the 56,208 Shares owned by Oliver Press Master Fund LP,
a Cayman limited partnership.                                                   

SC 13D/A 4th Page of 9 TOC 1st Previous Next ↓Bottom Just 4th
Cusip No.     192479103                                                         
--------------------------------------------------------------------------------
1.   Names of Reporting  Persons:  Augustus K. Oliver                           
I.R.S.  Identification  Nos. of above persons (entities only):        

--------------------------------------------------------------------------------
2.   Check the Appropriate Box if a Member of a Group (See Instructions):       

(a)                                                                   
(b)    X                                                              
--------------------------------------------------------------------------------
3.   SEC Use Only                                                               

--------------------------------------------------------------------------------
4.   Source of Funds (See Instructions):  OO                                    
--------------------------------------------------------------------------------
5.   Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d)
or 2(e):                                                              

--------------------------------------------------------------------------------
6.   Citizenship or Place of Organization:  United States                       
--------------------------------------------------------------------------------

  Number of                          7. Sole Voting Power:                   0
                                         ---------------------------------------
   Shares Beneficially                8. Shared Voting Power:         2,531,676*
                                         ---------------------------------------
Owned by                                                                  
  Each Reporting                     9. Sole Dispositive Power:              0
                                         ---------------------------------------
   Person With                       10. Shared Dispositive Power:    2,531,676*
                                         ---------------------------------------
--------------------------------------------------------------------------------
11.  Aggregate Amount Beneficially Owned by Each Reporting Person:   2,531,676* 
--------------------------------------------------------------------------------
12.  Check if the Aggregate Amount in Row (11) Excludes Certain Shares          
(See Instructions):                                                   
--------------------------------------------------------------------------------
13.  Percent of Class Represented by Amount in Row (11):  10.4%*                
--------------------------------------------------------------------------------
14.  Type of Reporting Person (See Instructions):  IN                           
--------------------------------------------------------------------------------

* This is a joint filing by Oliver Press Partners,  LLC, Oliver Press Investors,
LLC,  Augustus K. Oliver and Clifford Press, who share the power to vote and the
power to direct the disposition of the 194,897 shares of common stock, par value
$0.01 per share (the "Shares"),  of Coherent,  Inc., a Delaware corporation (the
"Company"),  owned,  as of November 19, 2009,  by  Davenport  Partners,  L.P., a
Delaware  limited  partnership,  the  2,280,771  Shares owned by JE Partners,  a
Bermuda partnership, and the 56,208 Shares owned by Oliver Press Master Fund LP,
a Cayman limited partnership.                                                   

SC 13D/A 5th Page of 9 TOC 1st Previous Next ↓Bottom Just 5th
Cusip No.     192479103                                                         
--------------------------------------------------------------------------------
1.   Names of Reporting  Persons:  Clifford Press                               
I.R.S.  Identification  Nos. of above persons (entities only):        

--------------------------------------------------------------------------------
2.   Check the Appropriate Box if a Member of a Group (See Instructions):       

(a)                                                                   
(b)    X                                                              
--------------------------------------------------------------------------------
3.   SEC Use Only                                                               

--------------------------------------------------------------------------------
4.   Source of Funds (See Instructions):  OO                                    
--------------------------------------------------------------------------------
5.   Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d)
or 2(e):                                                              

--------------------------------------------------------------------------------
6.   Citizenship or Place of Organization:  United States                       
--------------------------------------------------------------------------------

  Number of                          7. Sole Voting Power:               2,000
                                         ---------------------------------------
   Shares Beneficially                8. Shared Voting Power:         2,531,676*
                                         ---------------------------------------
Owned by                                                                  
  Each Reporting                     9. Sole Dispositive Power:          2,000
                                         ---------------------------------------
   Person With                       10. Shared Dispositive Power:    2,531,676*
                                         ---------------------------------------
--------------------------------------------------------------------------------
11.  Aggregate Amount Beneficially Owned by Each Reporting Person:    2,531,676*
--------------------------------------------------------------------------------
12.  Check if the Aggregate Amount in Row (11) Excludes Certain Shares          
(See Instructions):                                                   
--------------------------------------------------------------------------------
13.  Percent of Class Represented by Amount in Row (11):  10.4%*                
--------------------------------------------------------------------------------
14.  Type of Reporting Person (See Instructions):  IN                           
--------------------------------------------------------------------------------

* This is a joint filing by Oliver Press Partners,  LLC, Oliver Press Investors,
LLC,  Augustus K. Oliver and Clifford Press, who share the power to vote and the
power to direct the disposition of the 194,897 shares of common stock, par value
$0.01 per share (the "Shares"),  of Coherent,  Inc., a Delaware corporation (the
"Company"),  owned,  as of November 19, 2009,  by  Davenport  Partners,  L.P., a
Delaware  limited  partnership,  the  2,280,771  Shares owned by JE Partners,  a
Bermuda partnership, and the 56,208 Shares owned by Oliver Press Master Fund LP,
a Cayman limited partnership.                                                   

SC 13D/A 6th Page of 9 TOC 1st Previous Next ↓Bottom Just 6th
Item 4.   Purpose of Transaction.                                               
----------------------                                      

Item 4 is hereby amended as follows:                        

The first paragraph of Item 4 is hereby deleted.            

          The current  second and third  paragraphs,  relating to the  agreement
dated  January  31,  2008  between  the Filing  Parties  and the Company and the
amendment  thereof  as of  January  5,  2009,  remain in effect as the first two
paragraphs of this Item 4.                                                      

          The  remainder  of  Item  4 is  hereby  deleted  and  replaced  by the
following paragraph:                                                            

          "On November 18, 2009,  Clifford  Press  resigned as a Director of the
Company.  OPP  expects  from time to time to dispose of shares of the  Company's
common stock,  through  distributions to limited partners or sales,  although if
market conditions warrant, it may consider purchasing additional shares."       

Item 5.   Interest in Securities of the Issuer.                                 
-------------------------------------                       

          Item 5 is  hereby  deleted  in its  entirety  and  replaced  with  the
following:                                                                      

          "As of the close of business on November  19,  2009,  Davenport  owned
194,897 Shares, JE owned 2,280,771 Shares,  and Master Fund owned 56,208 Shares,
constituting 0.8%, 9.3% and 0.2%,  respectively,  and 10.4% in the aggregate, of
the  approximately  24,454,611  Shares  outstanding  as of  July  31,  2009,  as
disclosed  in the  Company's  quarterly  report on Form  10-Q for the  quarterly
period ended July 4, 2009. OPP, as the investment  adviser to Davenport,  JE and
Master Fund (collectively,  the  "Partnerships"),  has the power to vote and the
power to direct the  disposition of such Shares.  OPI, as the general partner of
the Partnerships,  and Messrs. Oliver and Press, as the  Managing Members of OPP
and OPI, share the power to vote and the power to direct the disposition of such
Shares.  As of the close of business  on November  19,  2009,  Mr. Press  owned,
individually, 2,000 Shares.                                                     

          The following table details the transactions  during the sixty days on
or prior to November  19,  2009,  in Shares,  or  securities  convertible  into,
exercisable for or exchangeable for Shares, effected by the Partnerships, or any
other person or entity  controlled by the  Partnerships  or any person or entity
for  which  the  Partnerships  possess  voting or  investment  control  over the
securities  thereof  (each  of  which  was  effected  in an  ordinary  brokerage
transaction).                                                                   

 Sales

Date                  Security        Amount         Price      

11/10/2009            Shares          4,300          $26.5826   
11/13/2009            Shares          4,921          $26.5008   
11/16/2009            Shares          20,000         $26.8878   
11/17/2009            Shares          20,000         $27.1255   
11/18/2009            Shares          200            $27.25"    

SC 13D/A 7th Page of 9 TOC 1st Previous Next ↓Bottom Just 7th
Item 7.   Exhibits.                                                             
--------                                                    

          Exhibit A - Joint Filing  Agreement, dated as of November 19, 2009, by
and among Oliver Press Investors,  LLC, Oliver Press Partners,  LLC, Augustus K.
Oliver and Clifford Press.                                                      

SC 13D/A 8th Page of 9 TOC 1st Previous Next ↓Bottom Just 8th
 Signature
 ---------

          After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information  set forth in this statement is true,  complete and
correct.                                                                        

                         November 19, 2009

                                   OLIVER PRESS INVESTORS, LLC

                                  By: /s/ Augustus K. Oliver
                                               ---------------------------------
                                          Augustus K. Oliver
                                       Managing Member

                                  OLIVER PRESS PARTNERS, LLC

                              By: /s/ Clifford Press
                                               ---------------------------------
                                      Clifford Press
                                       Managing Member

                              /s/ Augustus K. Oliver
                                            ------------------------------------
                                  Augustus K. Oliver

                          /s/ Clifford Press
                                            ------------------------------------
                              Clifford Press

Attention: Intentional misstatements or omissions of fact constitute Federal
 criminal violations (See 18 U.S.C. 1001).

SC 13D/A Last Page of 9 TOC 1st Previous Next ↓Bottom Just 9th
Exhibit A 

JOINT FILING AGREEMENT
----------------------

          The undersigned  agree that this Schedule 13D Amendment No. 6 relating
to the shares of common  stock of Coherent,  Inc. is filed  jointly on behalf of
each of the undersigned pursuant to Rule 13d-1(k).                              

                         November 19, 2009

                                   OLIVER PRESS INVESTORS, LLC

                                  By: /s/ Augustus K. Oliver
                                               ---------------------------------
                                          Augustus K. Oliver
                                       Managing Member

                                  OLIVER PRESS PARTNERS, LLC

                              By: /s/ Clifford Press
                                               ---------------------------------
                                      Clifford Press
                                       Managing Member

                              /s/ Augustus K. Oliver
                                            ------------------------------------
                                  Augustus K. Oliver

                          /s/ Clifford Press
                                            ------------------------------------
                              Clifford Press

SC 13D/A	1st Page of 9	TOC	↑Top	Previous	Next	↓Bottom	Just 1st

SC 13D/A	2nd Page of 9	TOC	1st	Previous	Next	↓Bottom	Just 2nd

SC 13D/A	3rd Page of 9	TOC	1st	Previous	Next	↓Bottom	Just 3rd

SC 13D/A	4th Page of 9	TOC	1st	Previous	Next	↓Bottom	Just 4th

SC 13D/A	5th Page of 9	TOC	1st	Previous	Next	↓Bottom	Just 5th

SC 13D/A	6th Page of 9	TOC	1st	Previous	Next	↓Bottom	Just 6th

SC 13D/A	7th Page of 9	TOC	1st	Previous	Next	↓Bottom	Just 7th

SC 13D/A	8th Page of 9	TOC	1st	Previous	Next	↓Bottom	Just 8th

SC 13D/A	Last Page of 9	TOC	1st	Previous	Next	↓Bottom	Just 9th

Dates Referenced Herein and Documents Incorporated by Reference

		Referenced-On Page
This ‘SC 13D/A’ Filing	Date	First	Last	Other Filings

Filed on:	11/19/09	1	9	4, 8-K
	11/18/09	6		4, 8-K
	7/31/09	6
	7/4/09	6		10-Q
	1/5/09	6		8-K
	1/31/08	6		10-Q, 8-K
				List all Filings

↑Top

Filing Submission 0000905718-09-000565 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Oliver Press Partners, LLC, et al. – ‘SC 13D/A’ on 11/19/09 re: Coherent Inc

On: Thursday, 11/19/09, at 4:59pm ET · Accession #: 905718-9-565 · File #: 5-15939

Previous ‘SC 13D’: ‘SC 13D/A’ on 4/15/09 · Next: ‘SC 13D/A’ on 12/1/09 · Latest: ‘SC 13D/A’ on 12/8/09

Amendment to General Statement of Beneficial Ownership — Schedule 13DFiling Table of Contents

Document Table of Contents

Dates Referenced Herein and Documents Incorporated by Reference

Amendment to General Statement of Beneficial Ownership — Schedule 13D
Filing Table of Contents