Statement of Changes in Beneficial Ownership (4)
February 21 2020 - 4:19PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
STUKALIN FELIX I |
2. Issuer Name and Ticker or Trading Symbol
IPG PHOTONICS CORP
[
IPGP
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) SVP, North America Operations |
(Last)
(First)
(Middle)
50 OLD WEBSTER ROAD |
3. Date of Earliest Transaction
(MM/DD/YYYY)
2/19/2020 |
(Street)
OXFORD, MA 01540
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 2/19/2020 | | A | | 4214 | A(1) | $0 | 22730 | D | |
Common Stock | 2/19/2020 | | M | | 816 | A | $15.82 | 23546 | D | |
Common Stock | 2/19/2020 | | M | | 3250 | A | $53.76 | 26796 | D | |
Common Stock | 2/19/2020 | | S | | 926 | D | $141.65 (2) | 25870 | D | |
Common Stock | 2/19/2020 | | S | | 1866 | D | $142.49 (3) | 24004 | D | |
Common Stock | 2/19/2020 | | S | | 1117 | D | $143.15 (4) | 22887 | D | |
Common Stock | 2/19/2020 | | S | | 157 | D | $144.09 (5) | 22730 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Employee Stock Option (right to buy) | $15.82 | 2/19/2020 | | M | | 816 | | (6) | 2/25/2020 | Common Stock | 816.0 | $0 | 0 | D | |
Employee Stock Option (right to buy) | $53.76 | 2/19/2020 | | M | | 3250 | | (7) | 2/28/2021 | Common Stock | 3250.0 | $0 | 0 | D | |
Explanation of Responses: |
(1) | Restricted stock units vesting in four equal installments commencing on March 1, 2021. |
(2) | The reported transaction involves sales transactions from $140.98 to $141.96 per share. The weighted average price per share was $141.65. 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. |
(3) | The reported transaction involves sales transactions from $142.00 to $142.99 per share. The weighted average price per share was $142.49. 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. |
(4) | The reported transaction involves sales transactions from $143.01 to $143.78 per share. The weighted average price per share was $143.15. 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. |
(5) | The reported transaction involves sales transactions from $144.03 to $144.12 per share. The weighted average price per share was $144.09. 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. |
(6) | These options were exercisable 50% August 1, 2013 and 50% November 1, 2013. |
(7) | These options were exercisable in 4 quarterly installments starting March 31, 2015. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
STUKALIN FELIX I 50 OLD WEBSTER ROAD OXFORD, MA 01540 |
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| SVP, North America Operations |
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Signatures
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/s/ Angelo P. Lopresti, Attorney-in-fact | | 2/21/2020 |
**Signature of Reporting Person | Date |
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