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IPG PHOTONICS CORP — Director's Dealing 2017
Jan 26, 2017
31300_dirs_2017-01-26_8be604e4-4bcd-46dd-98c2-ced9ef1a7897.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: 2017-01-24
Reporting Person: Shcherbakov Eugene A (Director, SVP, MD IPG Laser GmbH, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-01-24 | Common Stock | M | 4000 | $15.82 | Acquired | 17625 | Direct |
| 2017-01-24 | Common Stock | D | 4000 | $106.44 | Disposed | 13625 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-01-24 | Employee Stock Option (right to buy) | $15.82 | M | 4000 | Disposed | 2020-02-25 | Employee Stock Option (right to buy) (4000.0) | Direct |
Footnotes
F1: The sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 30, 2016.
F2: The reported transaction involves sales transactions from $105.83 to $106.85 per share. The weighted average price per share was $106.44. 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: Options vest in four equal quarterly installments commencing on March 31, 2014.