SEC Form 4 · accession 0001111928-16-000269
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
Oct 27, 2016
Accepted (ET)
Oct 31, 2016 · 4:02 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 | Oct 27, 2016 | M | 5,000 | $15.82 | A | 18,871 | D | |
| Common Stock | Oct 27, 2016 | M | 4,000 | $53.76 | A | 22,871 | D | |
| Common StockF2 | Oct 27, 2016 | D | 9,000 | $93.61 | D | 13,871 | 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 | Oct 27, 2016 | M | 5,000 | D | — | Feb 25, 2020 | Common Stock | 5,000 | 10,000 | D |
| Common StockF4 | $53.76 | Oct 27, 2016 | M | 4,000 | D | — | Feb 28, 2021 | Common Stock | 4,000 | 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, 2016.
- F2The reported transaction involves purchase transactions from $90.82 to $95.03 per share. The weighted average price per share was $93.61. 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.
- F3Option vests in four quarterly installments commencing on March 31, 2014.
- F4Option vests in four quarterly installments commencing on March 31, 2015.