SEC Form 4 · accession 0001437749-15-007365
Proto Labs Inc · PRLB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John B. Tumelty
Officer — VP/GM & Managing Director-EMEA
Period of report
Apr 10, 2015
Accepted (ET)
Apr 14, 2015 · 5:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001443669
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 10, 2015 | M | 12,000 | $7.86 | A | 16,221 | D | |
| Common StockF2 | Apr 10, 2015 | S | 12,000 | $75.1158 | D | 4,221 | D | |
| Common Stock | Apr 13, 2015 | M | 9,000 | $7.86 | A | 13,221 | D | |
| Common StockF3 | Apr 13, 2015 | S | 9,000 | $75.0069 | D | 4,221 | 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)F4 | $7.86 | Apr 10, 2015 | M | 12,000 | D | — | Dec 21, 2020 | Common Stock | 12,000 | 30,000 | D |
| Employee Stock Option (right to buy)F4 | $7.86 | Apr 13, 2015 | M | 9,000 | D | — | Dec 21, 2020 | Common Stock | 9,000 | 21,000 | D |
Explanation of responses
- F1Sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 4, 2014.
- F2Reflects the weighted average price of 12,000 shares of common stock of Proto Labs, Inc. sold by the reporting person on April 10, 2015 with sale prices ranging from $75.00 to $75.50 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3Reflects the weighted average price of 9,000 shares of common stock of Proto Labs, Inc. sold by the reporting person on April 13, 2015 with sale prices ranging from $75.00 to $75.15 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F4The option vests as to 20% of the shares in five annual installments beginning on December 21, 2011.