SEC Form 4 · accession 0001111928-16-000276
IPG PHOTONICS CORP · IPGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John R Peeler
Director
Period of report
Oct 31, 2016
Accepted (ET)
Nov 2, 2016 · 4:05 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 31, 2016 | M | 10,000 | $54.98 | A | 15,819 | D | |
| Common StockF1 | Oct 31, 2016 | D | 10,000 | $96.77 | D | 5,819 | 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)F2 | $54.98 | Oct 31, 2016 | M | 10,000 | D | — | Nov 1, 2022 | Common Stock | 10,000 | 15,000 | D |
Explanation of responses
- F1The reported transaction involves purchase transactions from $96.12 to $97.36 per share. The weighted average price per share was $96.77. 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.
- F2Stock options vesting 25% on November 2, 2013, and the remaining in twelve equal quarterly amounts commencing February 2, 2014.