SEC Form 4 · accession 0001111928-15-000026
IPG PHOTONICS CORP · IPGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William S Hurley
Director
Period of report
Feb 23, 2015
Accepted (ET)
Feb 25, 2015 · 5:27 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 23, 2015 | M | 6,667 | $18.41 | A | 17,534 | D | |
| Common Stock | Feb 23, 2015 | M | 6,667 | $11.07 | A | 24,201 | D | |
| Common StockF1 | Feb 24, 2015 | S | 13,000 | $96.06 | D | 11,201 | 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 Options (right to buy)F2 | $18.41 | Feb 23, 2015 | M | 6,667 | D | — | Jun 9, 2018 | Common Stock | 6,667 | 0 | D |
| Employee Stock Options (right to buy)F3 | $11.07 | Feb 23, 2015 | M | 6,667 | D | — | Jun 8, 2019 | Common Stock | 6,667 | 0 | D |
Explanation of responses
- F1The reported transaction involves sales transactions from $95.35 to $96.75 per share. The weighted average price per share was $96.06. 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.
- F2Grant of stock options vesting in four equal annual installments on June 10, 2009, 2010, 2011 and 2012.
- F3Grant of stock options vesting in one installment on June 9, 2010.