SEC Form 4 · accession 0001437749-15-014163
Proto Labs Inc · PRLB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald G Krantz
Officer — Executive VP and Tech. Officer
Period of report
Jul 24, 2015
Accepted (ET)
Jul 28, 2015 · 4:09 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 | Jul 24, 2015 | M | 40,805 | $7.86 | A | 47,895 | D | |
| Common Stock | Jul 24, 2015 | M | 5,428 | $30.58 | A | 53,323 | D | |
| Common Stock | Jul 24, 2015 | M | 5,468 | $47.08 | A | 58,791 | D | |
| Common StockF2 | Jul 24, 2015 | S | 21,694 | $76.7265 | D | 37,097 | D | |
| Common StockF3 | Jul 24, 2015 | S | 4,067 | $77.8684 | D | 33,030 | D | |
| Common StockF4 | Jul 24, 2015 | S | 25,374 | $79.1018 | D | 7,656 | D | |
| Common Stock | Jul 24, 2015 | S | 566 | $79.55 | D | 7,090 | 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)F5 | $7.86 | Jul 24, 2015 | M | 40,805 | D | — | Dec 21, 2020 | Common Stock | 40,805 | 21,000 | D |
| Employee Stock Option (right to buy)F6 | $30.58 | Jul 24, 2015 | M | 5,428 | D | — | May 7, 2022 | Common Stock | 5,428 | 8,142 | D |
| Employee Stock Option (right to buy)F7 | $47.08 | Jul 24, 2015 | M | 5,468 | D | — | Feb 15, 2023 | Common Stock | 5,468 | 9,702 | D |
Explanation of responses
- F1Sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 18, 2015.
- F2Reflects the weighted average price of 21,694 shares of common stock of Proto Labs, Inc. sold by the reporting person on July 24, 2015 with sale prices ranging from $76.18 to $76.97 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 4,067 shares of common stock of Proto Labs, Inc. sold by the reporting person on July 24, 2015 with sale prices ranging from $77.51 to $78.50 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.
- F4Reflects the weighted average price of 25,374 shares of common stock of Proto Labs, Inc. sold by the reporting person on July 24, 2015 with sale prices ranging from $78.52 to $79.51 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.
- F5Fully vested.
- F6The option vests as to 20% of the shares in five annual installments beginning on May 7, 2013.
- F7The option vests as to 20% of the shares in five annual installments beginning on February 15, 2014.