Home > Insider Trading > Filing (0001111928-10-000209)

Filing Details

Accession Number:: 0001111928-10-000209
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-12-21 16:35:43
Reporting Period:: 2010-12-17

Filing Date:: 2010-12-21
Accepted Time:: 2010-12-21 16:35:43
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1111928	Ipg Photonics Corp	IPGP	Semiconductors & Related Devices (3674)	043444218

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1130421	P Valentin Gapontsev	C/O Ipg Photonics Corporation 50 Old Webster Road Oxford MA 01540	Ceo & Chairman Of The Board	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2010-12-17	7,200,000	$26.64	3,902,931	No	4	S	Direct
Common Stock	Disposition	2010-12-17	800,000	$0.00	3,102,931	No	5	G	Direct
Common Stock	Disposition	2010-12-17	2,880,154	$0.00	7,504,002	No	4	S	Indirect	By IP Fibre Devices (UK) Ltd.
Common Stock	Disposition	2010-12-17	720,039	$0.00	7,504,002	No	5	G	Indirect	By IP Fibre Devices (UK) Ltd.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	5	G	Direct
No	4	S	Indirect	By IP Fibre Devices (UK) Ltd.
No	5	G	Indirect	By IP Fibre Devices (UK) Ltd.

Footnotes

Shares sold by the Reporting Person to The Valentin Gapontsev Trust I (the "Trust"), an irrevocable trust for benefit of the Reporting Person's descendants, on December 17, 2010. The transaction was done for estate planning purposes.
Shares gifted by the Reporting Person to the Trust on December 17, 2010. The transaction was done for estate planning purposes.
The reported securities are held by IP Fibre Devices (UK) Ltd. ("IPFD"). On December 17, 2010, the Reporting Person sold shares representing 38.4% of the total shares outstanding of IPFD to the Trust. The aggregate purchase price for the shares of IPFD that the Reporting Person sold to the Trust was $43,378,560. The transaction was done for estate planning purposes. The Reporting Person disclaims beneficial ownership of the Issuer's common stock held by IPFD, except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of the beneficial ownership of all the reported shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
The reported securities are held by IPFD. On December 17, 2010, the Reporting Person gifted shares representing 9.6% of the total shares outstanding of IPFD to the Trust. The transaction was done for estate planning purposes. The Reporting Person disclaims beneficial ownership of the IPG common stock held by IPFD, except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of the beneficial ownership of all the reported shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.