SEC Form 4 · accession 0001111928-17-000078
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
Apr 24, 2017
Accepted (ET)
Apr 26, 2017 · 4:10 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 | Apr 24, 2017 | M | 200 | $58.65 | A | 349,484 | D | |
| Common StockF2 | Apr 24, 2017 | D | 200 | $125.01 | D | 349,284 | D | |
| Common Stock | Apr 25, 2017 | M | 8,800 | $58.65 | A | 358,084 | D | |
| Common StockF3 | Apr 25, 2017 | D | 8,800 | $126.00 | 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)F4 | $58.65 | Apr 24, 2017 | M | 200 | D | — | Feb 13, 2022 | Common Stock | 200 | 8,800 | D |
| Employee Stock Option (right to buy)F4 | $58.65 | Apr 25, 2017 | M | 8,800 | D | — | Feb 13, 2022 | Common Stock | 8,800 | 0 | 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 February 15, 2017.
- F2The reported transaction involves sales transactions from $125.00 to $125.01 per share. The weighted average price per share was $125.01 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 $125.00 to $126.49 per share. The weighted average price per share was $126.00. 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.
- F4Options vest in four equal quarterly installments commencing on March 31, 2016.