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 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * Bodor Robert   2. Issuer Name and Ticker or Trading Symbol Proto Labs Inc [PRLB] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) VP/General Manager-Americas (Last) (First) (Middle) 5540 PIONEER CREEK DRIVE 3. Date of Earliest Transaction (Month/Day/Year) 09/29/2017 (Street) MAPLE PLAIN, MN 55359 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 09/29/2017   M   4,000 A $ 36.41 20,578 D   Common Stock 09/29/2017   S(1)   4,000 D $ 80.0029 (2) 16,578 D   Common Stock 10/26/2017   M   1,891 A $ 57.88 18,469 D   Common Stock 10/26/2017   S(1)   1,891 D $ 85.8977 (3) 16,578 D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction 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 (Month/Day/Year)

7. Title and Amount of Underlying Securities (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)

$ 36.41

09/29/2017

M

4,000

(4)

12/11/2022

Common Stock

4,000

$ 0

4,000

D

Employee Stock Option (right to buy)

$ 57.88

10/26/2017

M

1,891

(5)

02/08/2026

Common Stock

1,891

$ 0

7,564

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Bodor Robert 5540 PIONEER CREEK DRIVE MAPLE PLAIN, MN 55359			VP/General Manager-Americas

Signatures

/s/ Samuel A. Rosenbaum, attorney-in-fact		11/03/2017
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 9, 2017.
(2)	Reflects the weighted average price of 4,000 shares of common stock of Proto Labs, Inc. sold by the reporting person on September 29, 2017 with sale prices ranging from $80.00 to $80.10 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)	Reflects the weighted average price of 1,891 shares of common stock of Proto Labs, Inc. sold by the reporting person on October 26, 2017 with sale prices ranging from $85.45 to $86.25 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.
(4)	The option vests as to 20% of the shares in five annual installments beginning on December 11, 2013.
(5)	The option vests as to 20% of the shares in five annual installments beginning on February 13, 2017.

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