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Proto Labs Inc Director's Dealing 2013

Feb 19, 2013

32102_dirs_2013-02-19_819d5ba8-a10d-447c-ad77-d8da7d13bf33.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Proto Labs Inc (PRLB)
CIK: 0001443669
Period of Report: 2013-02-15

Reporting Person: Schneider Jacqueline D. (VP Sales & Customer Service)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-02-15 Common Stock M 3000 $4.54 Acquired 4250 Direct
2013-02-15 Common Stock M 21000 $5.56 Acquired 25250 Direct
2013-02-15 Common Stock M 28000 $7.86 Acquired 53250 Direct
2013-02-15 Common Stock S 38170 $46.8201 Disposed 15080 Direct
2013-02-15 Common Stock S 13064 $47.3727 Disposed 2016 Direct
2013-02-15 Common Stock S 766 $48.2805 Disposed 1250 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-02-15 Employee Stock Option (Right to Buy) $4.54 M 3000 Disposed 2018-03-11 Common Stock (3000) Direct
2013-02-15 Employee Stock Option (Right to Buy) $5.56 M 21000 Disposed 2019-04-28 Common Stock (21000) Direct
2013-02-15 Employee Stock Option (Right to Buy) $7.86 M 28000 Disposed 2020-12-21 Common Stock (28000) Direct
2013-02-15 Employee Stock Option (Right to Buy) $47.08 A 16170 Acquired 2023-02-15 Common Stock (16170) Direct

Footnotes

F1: Transaction effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 10, 2012.

F2: Includes 1,250 shares acquired under the Company's employee stock purchase plan on November 16, 2012.

F3: Reflects the weighted average price of 38,170 shares of common stock of Proto Labs, Inc. sold by the reporting person in multiple transactions on February 15, 2013 with sale prices ranging from $46.19 to $47.16 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.

F4: Reflects the weighted average price of 13,064 shares of common stock of Proto Labs, Inc. sold by the reporting person in multiple transactions on February 15, 2013 with sale prices ranging from $47.19 to $48.16 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.

F5: Reflects the weighted average price of 766 shares of common stock of Proto Labs, Inc. sold by the reporting person in multiple transactions on February 15, 2013 with sale prices ranging from $48.32 to $48.22 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.

F6: The option vests as to 20% of the shares in five annual installments beginning on March 11, 2009.

F7: The option vests as to 20% of the shares in five annual installments beginning on April 28, 2010.

F8: The option vests as to 20% of the shares in five annual installments beginning on December 21, 2011.

F9: The option vests as to 20% of the shares in five annual installments beginning on February 15, 2014.