Filing Details

Accession Number:
0001209191-13-017951
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-03-21 19:22:56
Reporting Period:
2013-03-19
Filing Date:
2013-03-21
Accepted Time:
2013-03-21 18:22:56
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1443669 Proto Labs Inc PRLB Fabricated Structural Metal Products (3440) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1542472 A. Bradley Cleveland 5540 Pioneer Creek Drive
Maple Plain MN 55359
President And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2013-03-19 1,107 $45.11 93,393 No 4 S Indirect By JMC Irrevocable Gift Trust
Common Stock Disposition 2013-03-19 1,107 $45.11 93,393 No 4 S Indirect By KEC Irrevocable Gfit Trust
Common Stock Disposition 2013-03-19 1,298 $45.11 674,884 No 4 S Indirect By Bradley A. Cleveland Declaration Trust
Common Stock Disposition 2013-03-19 52,436 $45.51 40,957 No 4 S Indirect By JMC Irrevocable Gift Trust
Common Stock Disposition 2013-03-19 52,436 $45.51 40,957 No 4 S Indirect By KEC Irrevocable Gfit Trust
Common Stock Disposition 2013-03-19 61,593 $45.51 613,291 No 4 S Indirect By Bradley A. Cleveland Declaration Trust
Common Stock Disposition 2013-03-19 21,458 $46.94 19,499 No 4 S Indirect By JMC Irrevocable Gift Trust
Common Stock Disposition 2013-03-19 21,458 $46.94 19,499 No 4 S Indirect By KEC Irrevocable Gfit Trust
Common Stock Disposition 2013-03-19 25,204 $46.94 588,087 No 4 S Indirect By Bradley A. Cleveland Declaration Trust
Common Stock Disposition 2013-03-20 19,499 $45.88 0 No 4 S Indirect By JMC Irrevocable Gift Trust
Common Stock Disposition 2013-03-20 19,499 $45.88 0 No 4 S Indirect By KEC Irrevocable Gfit Trust
Common Stock Disposition 2013-03-20 22,905 $45.88 565,182 No 4 S Indirect By Bradley A. Cleveland Declaration Trust
Common Stock Disposition 2013-03-20 200,000 $45.82 365,182 No 4 S Indirect By Bradley A. Cleveland Declaration Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By JMC Irrevocable Gift Trust
No 4 S Indirect By KEC Irrevocable Gfit Trust
No 4 S Indirect By Bradley A. Cleveland Declaration Trust
No 4 S Indirect By JMC Irrevocable Gift Trust
No 4 S Indirect By KEC Irrevocable Gfit Trust
No 4 S Indirect By Bradley A. Cleveland Declaration Trust
No 4 S Indirect By JMC Irrevocable Gift Trust
No 4 S Indirect By KEC Irrevocable Gfit Trust
No 4 S Indirect By Bradley A. Cleveland Declaration Trust
No 4 S Indirect By JMC Irrevocable Gift Trust
No 4 S Indirect By KEC Irrevocable Gfit Trust
No 4 S Indirect By Bradley A. Cleveland Declaration Trust
No 4 S Indirect By Bradley A. Cleveland Declaration Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 100,000 Indirect By JK Cleveland Irrevocable Trust
Footnotes
  1. Sales effected pursuant to a Rule 10b5-1 trading plan (the "Trading Plan") adopted on February 15, 2013 by the Bradley A. Cleveland Declaration Trust (the "BAC Trust"), JMC 2011 Irrevocable Gift Trust (the "JMC Trust") and KEC 2011 Irrevocable Gift Trust (the "KEC Trust") and (collectively referred to as the "Trusts"). Pursuant to the terms of the Trading Plan, the allocation of shares to be sold is approximately 37% for the BAC Trust, 31.5% for the JMC Trust and 31.5% for the KEC Trust except as provided in footnote 7 below. The sales reflected on this Form 4 conclude the transactions contemplated by the Trading Plan.
  2. Reflects the weighted average price of 3,512 shares of common stock of Proto Labs, Inc. sold by the Trusts in multiple transactions on March 19, 2013 with sale prices ranging from $45.10 to $45.16 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.
  3. The reporting person has no voting rights over the shares and disclaims beneficial ownership.
  4. Reflects the weighted average price of 166,465 shares of common stock of Proto Labs, Inc. sold by the Trusts in multiple transactions on March 19, 2013 with sale prices ranging from $45.19 to $46.19 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.
  5. Reflects the weighted average price of 68,120 shares of common stock of Proto Labs, Inc. sold by the Trusts in multiple transactions on March 19, 2013 with sale prices ranging from $46.27 to $47.23 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.
  6. Reflects the weighted average price of 61,903 shares of common stock of Proto Labs, Inc. sold by the Trusts in multiple transactions on March 20, 2013 with sale prices ranging from $45.70 to $45.97 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.
  7. Reflects the weighted average price of 200,000 shares of common stock of Proto Labs, Inc. sold by the BAC Trust in multiple transactions on March 20, 2013 with sale prices ranging from $45.45 to $46.36 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.
  8. These shares are held indirectly by a trust for the benefit of the reporting person's children. The reporting person is a trustee of the trust. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in them.