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SVP of IPG Photonics Corporation just cashed-in 5,000 options

Timothy Pv Mammen, SVP of IPG Photonics Corporation, recently cashed-in 5,000 options. The options were exercised at $19.69, while the disposals took place at $86.41 per share, on November 04, 2015. Mammen continues to hold 26,591 shares of the company. Mammen operates out of Oxford, MA. Some additional info was provided as follows:

The sales reported in this Form 4 were effected pursuant to a...