SEC Form 4 · accession 0001111928-17-000036
IPG PHOTONICS CORP · IPGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John R Peeler
Director
Period of report
Feb 16, 2017
Accepted (ET)
Feb 17, 2017 · 5:14 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 | Feb 16, 2017 | M | 10,000 | $54.98 | A | 15,819 | D | |
| Common StockF1 | Feb 16, 2017 | D | 10,000 | $118.74 | D | 5,819 | 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)F2 | $54.98 | Feb 16, 2017 | M | 10,000 | D | — | Nov 1, 2022 | Common Stock | 10,000 | 5,000 | D |
Explanation of responses
- F1The reported transaction involves sales transactions from $117.88 to $121.69 per share. The weighted average price per share was $118.74. 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.
- F2Options vest 25% on the November 2, 2013 and the remaining vest in 12 quarterly installments commencing on February 2, 2014.