SEC Form 4 · accession 0001111928-16-000191
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
Apr 13, 2016
Accepted (ET)
Apr 14, 2016 · 5:06 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 | Apr 13, 2016 | M | 2,750 | $8.26 | A | 16,869 | D | |
| Common StockF2 | Apr 13, 2016 | S | 2,750 | $98.50 | D | 14,119 | 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)F3 | $8.26 | Apr 13, 2016 | M | 2,750 | D | — | Feb 25, 2019 | Common Stock | 2,750 | 0 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plan adopted by the Reporting Person on August 10, 2015.
- F2The reported transaction involves sales transactions from $98.26 to $98.86 per share. The weighted average price per share was $98.50. 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.
- F3Options vest in 32 monthly installments commencing on May 1, 2011.