SEC Form 4 · accession 0001111928-17-000026
IPG PHOTONICS CORP · IPGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J Seifert
Director
Period of report
Jan 30, 2017
Accepted (ET)
Feb 1, 2017 · 4:54 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 30, 2017 | M | 2,255 | $96.68 | A | 8,843 | D | |
| Common StockF2 | Jan 30, 2017 | D | 2,255 | $112.40 | D | 6,588 | D | |
| Common Stock | Jan 30, 2017 | M | 4,712 | $63.40 | A | 11,300 | D | |
| Common StockF3 | Jan 30, 2017 | D | 4,712 | $112.39 | D | 6,588 | 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 | $96.68 | Jan 30, 2017 | M | 2,255 | D | — | Jun 1, 2025 | Common Stock | 2,255 | 0 | D |
| Director Stock Options (Right to buy)F5 | $63.40 | Jan 30, 2017 | M | 4,712 | D | — | Jun 2, 2024 | Common Stock | 4,712 | 4,711 | 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 December 15, 2016.
- F2The reported transaction involves sales transactions from $110.00 to $113.61 per share. The weighted average price per share was $112.40. 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 $110.00 to $113.61 per share. The weighted average price per share was $112.39. 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.
- F4Option vests in one installment on June 1, 2016.
- F5Option vests in four annual installments on June 3, 2015, 2016, 2017 and 2018.