SEC Form 4 · accession 0001019361-15-000066
ROFIN SINAR TECHNOLOGIES INC · RSTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Wirth
Officer — Chairman of the Board RSTI · Director
Period of report
Nov 19, 2015
Accepted (ET)
Nov 19, 2015 · 3:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001019361
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock - RSTIF1,F2 | Nov 19, 2015 | M | 80,000 | $26.045 | A | 92,600 | D | |
| Common Stock - RSTIF1 | Nov 19, 2015 | S | 80,000 | $28.0384 | D | 12,600 | D | |
| Common Stock - RSTI | holding | — | — | — | 6,500 | I | Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option Right to BuyF1,F2,F3 | $26.045 | Nov 19, 2015 | M | 80,000 | A | Mar 16, 2007 | Mar 16, 2016 | Common Stock - RSTI | 80,000 | 0 | D |
| Employee Stock Option Right to BuyF5,F2,F3,F4 | $28.50 | holding | — | — | — | Mar 15, 2008 | Mar 15, 2017 | Common Stock - RSTI | 0 | 20,000 | D |
| Employee Stock Option Right to BuyF5,F2,F3,F4 | $40.20 | holding | — | — | — | Mar 19, 2009 | Mar 19, 2018 | Common Stock - RSTI | 0 | 5,000 | D |
Explanation of responses
- F1Shares were exercised under the Rofin-Sinar Technologies Inc. Equity Incentive Plan (the Plan). Shares were purchased at the exercise price and then sold at the market price on the same day. Shares were sold at an average price of $28.0384 with the high being $28.65 and the low being $28.00 (on a block trade at $28.00).
- F2Value represents the exercise price of the shares granted under the Plan.
- F3Grants to purchase shares of common stock under the Plan are exercisable in 20% increments on each of the first five anniversaries of the date of grant and expire following the tenth anniversary of the date of grant.
- F4No transaction being reported at this time - only reporting holdings as of this date.
- F5Number represents the number of available shares remaining under the particular grant date. Shares are vested but not yet beneficially owned, only outstanding under the plan.