SEC Form 4 · accession 0001111928-17-000128
IPG PHOTONICS CORP · IPGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J Seifert
Director
Period of report
Jun 1, 2017
Accepted (ET)
Jun 5, 2017 · 4:58 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 | Jun 1, 2017 | M | 3,002 | $87.87 | A | 9,590 | D | |
| Common StockF2 | Jun 1, 2017 | S | 3,950 | $139.87 | D | 5,640 | D | |
| Common Stock | Jun 1, 2017 | A | 1,185 | $0.00 | A | 6,825 | 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 Options (Right to buy)F4 | $87.87 | Jun 1, 2017 | M | 3,002 | D | — | May 31, 2026 | Common Stock | 3,002 | 0 | D |
| Director Stock Options (Right to buy)F3 | $140.64 | Jun 1, 2017 | A | 2,339 | A | — | May 31, 2028 | Common Stock | 2,339 | 2,339 | 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 December 15, 2016.
- F2The reported transaction involves sales transactions from $139.00 to $140.78 per share. The weighted average price per share was $139.87 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.
- F3Grant of restricted stock units and stock options vesting 100% on earlier of 6/1/2018 or date of 2018 annual stockholder meeting of Issuer.
- F4Grant of stock options vested in one installment on May 31, 2017.