SEC Form 4 · accession 0001111928-17-000020
IPG PHOTONICS CORP · IPGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alexander Ovtchinnikov
Officer — SVP, Components · 10% Owner
Period of report
Jan 24, 2017
Accepted (ET)
Jan 26, 2017 · 4:38 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 | 2,938 | $58.65 | A | 74,985 | D | |
| Common StockF2 | Jan 24, 2017 | D | 2,938 | $106.16 | D | 72,047 | D | |
| Common Stock | Jan 25, 2017 | M | 2,937 | $58.65 | A | 74,984 | D | |
| Common StockF3 | Jan 25, 2017 | D | 2,937 | $108.02 | D | 72,047 | 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)F4 | $58.65 | Jan 24, 2017 | M | 2,938 | D | — | Feb 13, 2022 | Common Stock | 2,938 | 5,875 | D |
| Employee Stock Option (right to buy)F4 | $58.65 | Jan 25, 2017 | M | 2,937 | D | — | Feb 13, 2022 | Common Stock | 2,937 | 2,938 | 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 20, 2015.
- F2The reported transaction involves sales transactions from $105.00 to $106.81 per share. The weighted average price per share was $106.16. 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 $108.00 to $108.07 per share. The weighted average price per share was $108.02. 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.
- F4Stock options vest in four equal quarterly installments commencing on March 31, 2016.