SEC Form 4 · accession 0001111928-17-000014
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 31, 2016
Accepted (ET)
Jan 5, 2017 · 4:17 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 31, 2016 | F | 246 | $0.00 | D | 13,625 | D | |
| Common Stock | Jan 3, 2017 | M | 1,565 | $53.76 | A | 15,190 | D | |
| Common Stock | Jan 3, 2017 | M | 100 | $58.65 | A | 15,290 | D | |
| Common StockF2 | Jan 3, 2017 | D | 1,665 | $98.91 | D | 13,625 | D | |
| Common Stock | Jan 4, 2017 | M | 1,164 | $58.65 | A | 14,789 | D | |
| Common StockF3 | Jan 4, 2017 | D | 1,164 | $100.15 | D | 13,625 | 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)F4 | $53.76 | Jan 3, 2017 | M | 1,565 | D | — | Feb 28, 2021 | Common Stock | 1,565 | 12,000 | D |
| Director Stock Option (right to buy)F5 | $58.65 | Jan 3, 2017 | M | 100 | D | — | Feb 13, 2022 | Common Stock | 100 | 12,289 | D |
| Director Stock Option (right to buy)F5 | $58.65 | Jan 4, 2017 | M | 1,164 | D | — | Feb 13, 2022 | Common Stock | 1,164 | 11,125 | 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 $99.71 per share. The weighted average price per share was $98.91. 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.
- F3The reported transaction involves sales transactions from $99.74 to $100.59 per share. The weighted average price per share was $100.15. 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.
- F4Options vest in four quarterly installments commencing on March 31, 2015.
- F5Options vest in four quarterly installments commencing on March 31, 2016.