SEC Form 4 · accession 0001111928-15-000007
IPG PHOTONICS CORP · IPGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy PV Mammen
Officer — SVP, Chief Financial Officer
Period of report
Feb 3, 2015
Accepted (ET)
Feb 5, 2015 · 5:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001111928
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 3, 2015 | M | 1,800 | $8.26 | A | 26,039 | D | |
| Common StockF2 | Feb 3, 2015 | S | 1,800 | $77.53 | D | 24,239 | D |
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 buy)F3 | $8.26 | Feb 3, 2015 | M | 1,800 | D | — | Feb 25, 2019 | Common Stock | 1,800 | 7,500 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 6, 2014.
- F2The reported transaction involves sales transactions from $77.50 to $77.61 per share. The weighted average price per share was $77.53. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer or a security holder of the Issuer information regarding the number of shares sold at each separate price.
- F3Options vest in 32 monthly installments commencing on May 1, 2011.