SEC Form 4 · accession 0001111928-17-000080
IPG PHOTONICS CORP · IPGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eugene A Shcherbakov
Officer — SVP, MD IPG Laser GmbH · Director · 10% Owner
Period of report
Apr 24, 2017
Accepted (ET)
Apr 26, 2017 · 4:12 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 | 1,125 | $58.65 | A | 17,082 | D | |
| Common StockF2 | Apr 24, 2017 | D | 1,125 | $124.31 | D | 15,957 | D | |
| Common Stock | Apr 24, 2017 | M | 2,000 | $53.76 | A | 17,957 | D | |
| Common StockF3 | Apr 24, 2017 | D | 2,000 | $124.39 | D | 15,957 | D | |
| Common Stock | Apr 24, 2017 | M | 2,000 | $60.11 | A | 17,957 | D | |
| Common StockF4 | Apr 24, 2017 | D | 2,000 | $124.87 | D | 15,957 | D | |
| Common Stock | Apr 25, 2017 | M | 1,700 | $15.82 | A | 17,657 | D | |
| Common StockF5 | Apr 25, 2017 | D | 1,700 | $126.12 | D | 15,957 | 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)F6 | $58.65 | Apr 24, 2017 | M | 1,125 | D | — | Feb 13, 2022 | Common Stock | 1,125 | 10,000 | D |
| Employee Stock Option (right to buy)F7 | $53.76 | Apr 24, 2017 | M | 2,000 | D | — | Feb 28, 2021 | Common Stock | 2,000 | 10,000 | D |
| Employee Stock Option (right to buy)F8 | $60.11 | Apr 24, 2017 | M | 2,000 | D | — | Feb 28, 2023 | Common Stock | 2,000 | 12,000 | D |
| Employee Stock Option (right to buy)F9 | $15.82 | Apr 25, 2017 | M | 1,700 | D | — | Feb 25, 2020 | Common Stock | 1,700 | 4,300 | 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 March 14, 2017.
- F2The reported transaction involves sales transactions from $122.67 to $124.69 per share. The weighted average price per share was $124.31 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 $123.82 to $124.94 per share. The weighted average price per share was $124.39. 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.
- F4The reported transaction involves sales transactions from $124.11 to $124.87 per share. The weighted average price per share was $124.51. 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.
- F5The reported transaction involves sales transactions from $125.82 to $126.64 per share. The weighted average price per share was $126.12 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.
- F6Option vests in four quarterly installments commencing on March 31, 2016.
- F7Option vests in four quarterly installments commencing on March 31,2015.
- F8Option vests in one installment on March 1, 2017.
- F9Option vests in four quarterly installments commencing on March 31, 2014.