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IPG PHOTONICS CORP — Director's Dealing 2017
Jun 5, 2017
31300_dirs_2017-06-05_baa2f7d4-9c62-417e-8514-bd82a1583d89.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2017-06-01
Reporting Person: SEIFERT THOMAS J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-06-01 | Common Stock | M | 3002 | $87.87 | Acquired | 9590 | Direct |
| 2017-06-01 | Common Stock | S | 3950 | $139.87 | Disposed | 5640 | Direct |
| 2017-06-01 | Common Stock | A | 1185 | — | Acquired | 6825 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-06-01 | Director Stock Options (Right to buy) | $87.87 | M | 3002 | Disposed | 2026-05-31 | Common Stock (3002.0) | Direct |
| 2017-06-01 | Director Stock Options (Right to buy) | $140.64 | A | 2339 | Acquired | 2028-05-31 | Common Stock (2339.0) | Direct |
Footnotes
F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 15, 2016.
F2: The reported transaction involves sales transactions from $139.00 to $140.78 per share. The weighted average price per share was $139.87 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.
F3: Grant of restricted stock units and stock options vesting 100% on earlier of 6/1/2018 or date of 2018 annual stockholder meeting of Issuer.
F4: Grant of stock options vested in one installment on May 31, 2017.