SEC Form 4 · accession 0001111928-17-000130
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 5, 2017
Accepted (ET)
Jun 6, 2017 · 4:02 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 5, 2017 | M | 2,355 | $63.40 | A | 9,180 | D | |
| Common StockF2 | Jun 5, 2017 | S | 2,849 | $141.47 | D | 6,331 | 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)F3 | $63.40 | Jun 5, 2017 | M | 2,355 | D | — | Jun 3, 2024 | Common Stock | 2,355 | 2,356 | 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 $140.72 to $142.27 per share. The weighted average price per share was $141.47. 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 annual installments commencing on June 3, 2015.