SEC Form 4 · accession 0001111928-18-000132
IPG PHOTONICS CORP · IPGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J Burgomaster
Officer — Chief Accounting Officer
Period of report
Mar 1, 2018
Accepted (ET)
Oct 31, 2018 · 4:26 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 StockF1 | Mar 1, 2018 | A | 1,866 | $0.00 | A | 6,829 | D | |
| Common Stock | Apr 10, 2018 | M | 602 | $53.76 | A | 7,431 | D | |
| Common StockF2 | Apr 10, 2018 | S | 602 | $230.25 | D | 6,829 | D | |
| Common Stock | Apr 11, 2018 | M | 400 | $53.76 | A | 7,229 | D | |
| Common StockF3 | Apr 11, 2018 | S | 400 | $230.04 | D | 6,829 | D | |
| Common Stock | Apr 12, 2018 | M | 198 | $53.76 | A | 7,027 | D | |
| Common StockF4 | Apr 12, 2018 | S | 198 | $232.68 | D | 6,829 | D | |
| Common Stock | May 9, 2018 | M | 1,200 | $53.76 | A | 8,029 | D | |
| Common StockF5 | May 9, 2018 | S | 1,200 | $241.16 | D | 6,829 | D | |
| Common Stock | May 10, 2018 | M | 1,500 | $58.65 | A | 8,329 | D | |
| Common StockF6 | May 10, 2018 | S | 1,500 | $250.47 | D | 6,829 | D | |
| Common Stock | Jun 6, 2018 | M | 1,500 | $58.65 | A | 8,329 | D | |
| Common StockF7 | Jun 6, 2018 | S | 1,500 | $260.32 | D | 6,829 | 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)F8 | $53.76 | Apr 10, 2018 | M | 602 | D | — | Mar 1, 2021 | Common Stock | 602 | 1,798 | D |
| Employee Stock Option (right to buy)F8 | $53.76 | Apr 11, 2018 | M | 400 | D | — | Mar 1, 2021 | Common Stock | 400 | 1,398 | D |
| Employee Stock Option (right to buy)F8 | $53.76 | Apr 12, 2018 | M | 198 | D | — | Mar 1, 2021 | Common Stock | 198 | 1,200 | D |
| Employee Stock Option (right to buy)F8 | $53.76 | May 9, 2018 | M | 1,200 | D | — | Mar 1, 2021 | Common Stock | 1,200 | 0 | D |
| Employee Stock Option (right to buy)F9 | $58.65 | May 10, 2018 | M | 1,500 | D | — | Feb 14, 2022 | Common Stock | 1,500 | 5,250 | D |
| Employee Stock Option (right to buy)F9 | $58.65 | Jun 6, 2018 | M | 1,500 | D | — | Feb 14, 2022 | Common Stock | 1,500 | 3,750 | D |
Explanation of responses
- F1Represents performance share units for which performance criteria is satisfied but which remain subject to service-based vesting on March 1, 2019.
- F2The reported transaction involves purchase transactions from $230.00 to $230.64 per share. The weighted average price per share was $230.25 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 purchased at each separate price.
- F3The reported transaction involves purchase transactions from $230.00 to $230.10 per share. The weighted average price per share was $230.04. 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 purchased at each separate price.
- F4The reported transaction involves purchase transactions from $231.94 to $233.43 per share. The weighted average price per share was $232.68. 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 purchased at each separate price.
- F5The reported transaction involves purchase transactions from $240.00 to $244.40 per share. The weighted average price per share was $241.16. 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 purchased at each separate price.
- F6The reported transaction involves purchase transactions from $250.00 to $251.10 per share. The weighted average price per share was $250.47. 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 purchased at each separate price.
- F7The reported transaction involves purchase transactions from $260.00 to $261.06 per share. The weighted average price per share was $260.32. 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 purchased at each separate price.
- F8Options vest 25% quarterly commencing March 31, 2015.
- F9Options vest 25% quarterly commencing March 31, 2016.