SEC Form 4 · accession 0001111928-17-000002
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
Dec 30, 2016
Accepted (ET)
Jan 4, 2017 · 5:19 pm EST
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 | Dec 30, 2016 | M | 1,435 | $53.76 | A | 15,306 | D | |
| Common Stock | Dec 30, 2016 | M | 111 | $58.65 | A | 15,417 | D | |
| Common StockF2 | Dec 30, 2016 | D | 1,546 | $99.06 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (right to buy)F3 | $53.76 | Dec 30, 2016 | M | 1,435 | D | — | Feb 28, 2021 | Common Stock | 1,435 | 13,565 | D |
| Director Stock Option (right to buy)F4 | $58.65 | Dec 30, 2016 | M | 111 | D | — | Feb 13, 2022 | Common Stock | 111 | 12,389 | 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 30, 2016.
- F2The reported transaction involves sales transactions from $98.76 to $100.40 per share. The weighted average price per share was $99.06. 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 four quarterly installments commencing on March 31, 2015.
- F4Options vest in four quarterly installments commencing on March 31, 2016.