SEC Form 4 · accession 0001111928-15-000134
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
Nov 4, 2015
Accepted (ET)
Nov 4, 2015 · 4:39 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 | Nov 4, 2015 | M | 5,000 | $19.69 | A | 31,591 | D | |
| Common StockF2 | Nov 4, 2015 | S | 5,000 | $86.41 | D | 26,591 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF3 | $19.69 | Nov 4, 2015 | M | 5,000 | D | — | May 8, 2018 | Common Stock | 5,000 | 10,000 | 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 1, 2015.
- F2The reported transaction involves sales transactions from $86.07 to $86.49 per share. The weighted average price per share was $86.41. 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.
- F3Option vests 1/12 on 4th anniversary of date of grant and 1/12th on each following 11 months.