SEC Form 4 · accession 0001111928-16-000171
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
Mar 18, 2016
Accepted (ET)
Mar 22, 2016 · 4:06 pm EDT
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 | Mar 18, 2016 | M | 2,243 | $15.82 | A | 32,193 | D | |
| Common StockF2 | Mar 18, 2016 | S | 2,243 | $95.03 | D | 29,950 | 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 | $15.82 | Mar 18, 2016 | M | 2,243 | D | — | Feb 25, 2020 | Common Stock | 2,243 | 19,007 | 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 September 8, 2015.
- F2The reported transaction involves sales transactions from $95.00 to $95.18 per share. The weighted average price per share was $95.03. 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 in four quarterly installments commencing on March 31, 2014.