SEC Form 4 · accession 0001111928-15-000016
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 6, 2015
Accepted (ET)
Feb 10, 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 6, 2015 | M | 5,000 | $8.26 | A | 29,239 | D | |
| Common StockF2 | Feb 6, 2015 | S | 5,000 | $80.31 | D | 24,239 | D | |
| Common Stock | Feb 9, 2015 | M | 2,500 | $8.26 | A | 26,739 | D | |
| Common Stock | Feb 9, 2015 | M | 5,000 | $19.69 | A | 31,739 | D | |
| Common StockF3 | Feb 9, 2015 | S | 7,500 | $85.17 | 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)F4 | $8.26 | Feb 6, 2015 | M | 5,000 | D | — | Feb 25, 2019 | Common Stock | 5,000 | 2,500 | D |
| Employee Stock Option (right to buy)F4 | $8.26 | Feb 9, 2015 | M | 2,500 | D | — | Feb 25, 2019 | Common Stock | 2,500 | 0 | D |
| Common StockF5 | $19.69 | Feb 9, 2015 | M | 5,000 | D | — | May 8, 2018 | Common Stock | 5,000 | 20,000 | 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 $80.00 to $81.00 per share. The weighted average price per share was $80.31. 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.
- F3The reported transaction involves sales transactions from $85.01 to $85.17 per share. The weighted average price per share was $85.17. 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.
- F4Options vest in 32 monthly installments commencing on May 1, 2011.
- F5Option vests in 12 monthly installments commencing on May 9, 2012.