SEC Form 4 · accession 0001111928-18-000012
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
Feb 1, 2018
Accepted (ET)
Feb 2, 2018 · 4:24 pm EST
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 | Feb 1, 2018 | M | 5,000 | $58.65 | A | 36,100 | D | |
| Common StockF2 | Feb 1, 2018 | S | 5,000 | $252.46 | 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 Options (right to buy)F3 | $58.65 | Feb 1, 2018 | M | 5,000 | D | — | Feb 13, 2022 | Common Stock | 5,000 | 5,000 | 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 14, 2017.
- F2The reported transaction involves sales transactions from $249.50 to $253.85 per share. The weighted average price per share was $252.46. 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 quarterly installments commencing on March 31, 2016.