SEC Form 4 · accession 0001111928-17-000142
IPG PHOTONICS CORP · IPGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alexander Ovtchinnikov
Officer — SVP, Components · 10% Owner
Period of report
Aug 3, 2017
Accepted (ET)
Aug 4, 2017 · 4:11 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 | Aug 3, 2017 | M | 12,000 | $60.11 | A | 83,595 | D | |
| Common StockF1 | Aug 3, 2017 | S | 12,000 | $160.30 | D | 71,595 | 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)F2 | $60.11 | Aug 3, 2017 | M | 12,000 | D | — | Feb 28, 2023 | Common Stock | 12,000 | 0 | D |
Explanation of responses
- F1The reported transaction involves sales transactions from $158.79 to $163.49 per share. The weighted average price per share was $160.30. 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.
- F2Option vests in one installment on March 1, 2017.