SEC Form 4 · accession 0001111928-16-000253
IPG PHOTONICS CORP · IPGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Catherine P Lego
Director
Period of report
Aug 2, 2016
Accepted (ET)
Aug 4, 2016 · 4:08 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 | Aug 2, 2016 | A | 3,012 | $0.00 | A | 3,012 | D | |
| Common Stock | Aug 3, 2016 | P | 3,000 | $83.12 | A | 6,012 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (right to buy)F3 | $82.99 | Aug 2, 2016 | A | 8,508 | A | — | Aug 1, 2026 | Common Stock | 8,508 | 8,508 | D |
Explanation of responses
- F1Grant of restricted stock units vesting in four equal annual installments on August 2, 2017, 2018, 2019 and 2020.
- F2The reported transaction involves purchase transactions from $83.06 to $83.17 per share. The weighted average price per share was $83.12. 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 purchased at each separate price.
- F3Grant of stock options vesting in four equal annual installments on August 2, 2017, 2018, 2019 and 2020.