IPG PHOTONICS CORP — Director's Dealing 2017

Feb 21, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2017-02-16

Reporting Person: HURLEY WILLIAM S (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-16	Common Stock	M	1993	$42.43	Acquired	11813	Direct
2017-02-16	Common Stock	D	1993	$119.60	Disposed	9820	Direct
2017-02-16	Common Stock	M	4674	$42.43	Acquired	14494	Direct
2017-02-16	Common Stock	D	4674	$118.95	Disposed	9820	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-16	Director Stock Option (right to buy)	$42.43	M	1993	Disposed	2022-06-04	Common Stock (1993.0)	Direct
2017-02-16	Director Stock Option (right to buy)	$42.43	M	4674	Disposed	2022-06-04	Common Stock (4674.0)	Direct

Footnotes

F1: The reported transaction involves sales transactions from $118.48 to $121.69 per share. The weighted average price per share was $119.60. 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.

F2: The reported transaction involves sales transactions from $118.80 to $119.35 per share. The weighted average price per share was $118.95. 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.

F3: Options vest on June 4, 2013.