SEC Form 4 · accession 0001111928-17-000070
IPG PHOTONICS CORP · IPGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Igor Samartsev
Officer — Chief Technology Officer · Director
Period of report
Mar 20, 2017
Accepted (ET)
Mar 21, 2017 · 6:14 pm EDT
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 | Mar 20, 2017 | F | 612 | $0.00 | D | 349,284 | D | |
| Common Stock | Mar 20, 2017 | M | 10,900 | $53.76 | A | 360,184 | D | |
| Common StockF2 | Mar 20, 2017 | D | 10,900 | $121.24 | D | 349,284 | 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 | $53.76 | Mar 20, 2017 | M | 10,900 | D | — | Feb 28, 2021 | Common Stock | 10,900 | 0 | D |
Explanation of responses
- F1The sale reported in this Form 4 was effected pursuant to Rule 10b5-1 trading plan adopted by the Reporting Person on February 15, 2017.
- F2The reported transaction involves sales transactions from $120.95 to $121.77 per share. The weighted average price per share was $121.24 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.
- F3Option vests in four quarterly installments commencing on March 31, 2015.