SEC Form 4 · accession 0001111928-17-000086
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 26, 2017
Accepted (ET)
Apr 28, 2017 · 4:09 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 26, 2017 | M | 200 | $15.82 | A | 16,157 | D | |
| Common StockF2 | Apr 26, 2017 | D | 200 | $126.21 | D | 15,957 | D | |
| Common Stock | Apr 27, 2017 | M | 100 | $15.82 | A | 16,057 | D | |
| Common Stock | Apr 27, 2017 | D | 100 | $126.55 | 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)F3 | $15.82 | Apr 26, 2017 | M | 200 | D | — | Feb 25, 2020 | Common Stock | 200 | 4,100 | D |
| Employee Stock Option (right to buy)F3 | $15.82 | Apr 27, 2017 | M | 100 | D | — | Feb 25, 2020 | Common Stock | 100 | 4,000 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a 10b5-1 plan adopted by the Reporting Person on March 14, 2017.
- F2The reported transaction involves sales transactions from $126.20 to $126.21 per share. The weighted average price per share was $126.21. 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.
- F3Options vest in four equal quarterly installments commencing on March 31, 2014.