Proto Labs Inc — Director's Dealing 2020

Aug 10, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Proto Labs Inc (PRLB)
CIK: 0001443669
Period of Report: 2020-08-06

Reporting Person: WAY JOHN (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-06	Common Stock	M	4995	$67.15	Acquired	36145	Direct
2020-08-06	Common Stock	M	8348	$57.88	Acquired	44493	Direct
2020-08-06	Common Stock	M	2608	$62.90	Acquired	47101	Direct
2020-08-06	Common Stock	S	13701	$131.4379	Disposed	33400	Direct
2020-08-06	Common Stock	S	2050	$132.5285	Disposed	31350	Direct
2020-08-06	Common Stock	S	200	$133.655	Disposed	31150	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-08-06	Employee Stock Option (right to buy)	$67.15	M	4995	Disposed	2025-02-09	Common Stock (4995)	Direct
2020-08-06	Employee Stock Option (right to buy)	$57.88	M	8348	Disposed	2026-02-08	Common Stock (8348)	Direct
2020-08-06	Employee Stock Option (right to buy)	$62.90	M	2608	Disposed	2024-12-01	Common Stock (2608)	Direct

Footnotes

F1: Reflects the weighted average price of 13,701 shares of common stock of Proto Labs, Inc. sold by the reporting person on August 6, 2020 with sale prices ranging from $131.14 to $132.11 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.

F2: Reflects the weighted average price of 2,050 shares of common stock of Proto Labs, Inc. sold by the reporting person on August 6, 2020 with sale prices ranging from $132.15 to $133.00 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.

F3: Reflects the weighted average price of 200 shares of common stock of Proto Labs, Inc. sold by the reporting person on August 6, 2020 with sale prices ranging from $133.37 to $133.94 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: Fully vested.

F5: The option vests as to 20% of the shares in five annual installments beginning on February 13, 2017.