SEC Form 4 · accession 0001437749-16-029154
Proto Labs Inc · PRLB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jacqueline D. Schneider
Officer — Vice President Global Sales
Period of report
Apr 4, 2016
Accepted (ET)
Apr 6, 2016 · 4:58 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 4, 2016 | M | 14,000 | $7.86 | A | 24,827 | D | |
| Common Stock | Apr 4, 2016 | M | 5,844 | $47.08 | A | 30,671 | D | |
| Common StockF2 | Apr 4, 2016 | S | 19,844 | $77.66 | D | 10,827 | 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)F3 | $7.86 | Apr 4, 2016 | M | 14,000 | D | — | Dec 21, 2020 | Common Stock | 14,000 | 0 | D |
| Employee Stock Option (right to buy)F4 | $47.08 | Apr 4, 2016 | M | 5,844 | D | — | Feb 15, 2023 | Common Stock | 5,844 | 6,468 | D |
Explanation of responses
- F1Sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 10, 2015.
- F2Reflects the weighted average price of 19,844 shares of common stock of Proto Labs, Inc. sold by the reporting person on April 4, 2016 with sale prices ranging from $77.50 to $77.77 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.
- F3Fully vested.
- F4The option vests as to 20% of the shares in five annual installments beginning on February 15, 2014.