SEC Form 4 · accession 0001111928-17-000150
IPG PHOTONICS CORP · IPGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy PV Mammen
Officer — SVP, Chief Financial Officer
Period of report
Aug 17, 2017
Accepted (ET)
Aug 18, 2017 · 4:06 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 17, 2017 | M | 11,600 | $53.76 | A | 42,700 | D | |
| Common StockF1 | Aug 17, 2017 | S | 11,600 | $166.98 | D | 31,100 | 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 | $53.76 | Aug 17, 2017 | M | 11,600 | D | — | Feb 28, 2021 | Common Stock | 11,600 | 0 | D |
Explanation of responses
- F1The reported transaction involves sales transactions from $164.98 to $169.23 per share. The weighted average price per share was $166.98. 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 four quarterly installments commencing on March 31, 2015.