SEC Form 4 · accession 0001111928-16-000177
IPG PHOTONICS CORP · IPGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eugene A Shcherbakov
Officer — SVP, MD IPG Laser GmbH · Director · 10% Owner
Period of report
Mar 28, 2016
Accepted (ET)
Mar 30, 2016 · 5:53 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 28, 2016 | M | 200 | $15.82 | A | 14,811 | D | |
| Common StockF2 | Mar 28, 2016 | S | 200 | $95.86 | D | 14,611 | D | |
| Common Stock | Mar 29, 2016 | M | 5,362 | $15.82 | A | 19,973 | D | |
| Common StockF3 | Mar 29, 2016 | S | 5,362 | $96.26 | D | 14,611 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF4 | $15.82 | Mar 28, 2016 | M | 200 | D | — | Feb 25, 2020 | Common Stock | 200 | 20,362 | D |
| Common StockF4 | $15.82 | Mar 29, 2016 | M | 5,362 | D | — | Feb 25, 2020 | Common Stock | 5,362 | 15,000 | 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 August 10, 2015.
- F2The reported transaction involves sales transactions from $95.82 to $95.90 per share. The weighted average price per share was $95.86. 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 $95.82 to $96.87 per share. The weighted average price per share was $96.26. 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 four equal quarterly installments commencing on March 31, 2014.