SEC Form 4 · accession 0001111928-17-000018
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
Jan 24, 2017
Accepted (ET)
Jan 26, 2017 · 4:36 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 | Jan 24, 2017 | M | 4,000 | $15.82 | A | 17,625 | D | |
| Common StockF2 | Jan 24, 2017 | D | 4,000 | $106.44 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3 | $15.82 | Jan 24, 2017 | M | 4,000 | D | — | Feb 25, 2020 | Employee Stock Option (right to buy) | 4,000 | 2,000 | D |
Explanation of responses
- F1The sale 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 $105.83 to $106.85 per share. The weighted average price per share was $106.44. 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 equal quarterly installments commencing on March 31, 2014.