SEC Form 4 · accession 0001111928-16-000192
IPG PHOTONICS CORP · IPGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alexander Ovtchinnikov
Officer — SVP, Components · 10% Owner
Period of report
Apr 20, 2016
Accepted (ET)
Apr 22, 2016 · 4:57 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 20, 2016 | M | 15,200 | $53.76 | A | 87,772 | D | |
| Common StockF2 | Apr 20, 2016 | S | 15,200 | $99.03 | D | 72,572 | D | |
| Common Stock | Apr 21, 2016 | M | 216 | $53.76 | A | 72,788 | D | |
| Common Stock | Apr 21, 2016 | S | 216 | $99.00 | D | 72,572 | 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 | $53.76 | Apr 20, 2016 | M | 15,200 | D | — | Feb 28, 2021 | Common Stock | 15,200 | 3,800 | D |
| Common StockF3 | $53.76 | Apr 21, 2016 | M | 216 | D | — | Feb 28, 2021 | Common Stock | 216 | 3,584 | 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 November 20, 2015.
- F2The reported transaction involves sales transactions from $99.00 to $99.14 per share. The weighted average price per share was $99.03. 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.
- F3Grant of stock options vested 25% on March 31, 2015, June 30, 2015, September 30, 2015 and December 31, 2015.