AI assistant
IPG PHOTONICS CORP — Director's Dealing 2021
Apr 16, 2021
31300_dirs_2021-04-16_ac59108a-58af-44de-8ee2-1db5694c21cb.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2021-04-15
Reporting Person: Ness Trevor (SVP, Worldwide Sales & Mrkting)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-04-15 | Common Stock | M | 1968 | $119.50 | Acquired | 19121 | Direct |
| 2021-04-15 | Common Stock | S | 2938 | $225.10 | Disposed | 16183 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-04-15 | Employee Stock Option (right to buy) | $119.5 | M | 1968 | Disposed | 2027-02-16 | Common Stock (1968.0) | 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 March 15, 2021.
F2: The reported transaction involves sale transactions ranging from $225.00 to $225.54 per share. The weighted average price per share was $225.10. 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 stock options vesting in four equal installments commencing on March 1, 2018.