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IPG PHOTONICS CORP — Director's Dealing 2020
Dec 8, 2020
31300_dirs_2020-12-08_cf5a3516-863f-41ba-ac59-9d783d5ee879.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: 2020-12-07
Reporting Person: SEIFERT THOMAS J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-12-07 | Common Stock | M | 2356 | $63.40 | Acquired | 12276 | Direct |
| 2020-12-07 | Common Stock | M | 2339 | $140.64 | Acquired | 14615 | Direct |
| 2020-12-07 | Common Stock | M | 1869 | $128.46 | Acquired | 16484 | Direct |
| 2020-12-07 | Common Stock | S | 3724 | $212.45 | Disposed | 12760 | Direct |
| 2020-12-07 | Common Stock | S | 7497 | $213.23 | Disposed | 5263 | Direct |
| 2020-12-07 | Common Stock | S | 149 | $213.82 | Disposed | 5114 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-12-07 | Director Stock Options (Right to buy) | $63.4 | M | 2356 | Disposed | 2024-06-03 | Common Stock (2356.0) | Direct |
| 2020-12-07 | Director Stock Options (Right to buy) | $140.64 | M | 2339 | Disposed | 2028-05-31 | Common Stock (2339.0) | Direct |
| 2020-12-07 | Director Stock Option (right to buy) | $128.46 | M | 1869 | Disposed | 2029-05-29 | Common Stock (1869.0) | 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 November 6, 2020.
F2: The reported transaction involves sale transactions ranging from $211.80 to $212.79 per share. The weighted average price per share was $212.45. 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: The reported transaction involves sale transactions ranging from $212.81 to $213.80 per share. The weighted average price per share was $213.23. 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.
F4: The reported transaction involves sale transactions ranging from $213.82 to $213.83 per share. The weighted average price per share was $213.82. 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.
F5: Grant of stock options vesting in four equal annual installments on June 3, 2015, 2016, 2017 and 2018.
F6: Grant of stock options vesting 100% on earlier of June 1, 2018 or date of 2018 annual stockholder meeting of Issuer.
F7: Grant of stock options vesting 100% on earlier of May 30, 2020 or date of 2020 annual stockholder meeting of Issuer.