IPG PHOTONICS CORP — Director's Dealing 2017

Jan 26, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2017-01-24

Reporting Person: Ovtchinnikov Alexander (SVP, Components, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-24	Common Stock	M	2938	$58.65	Acquired	74985	Direct
2017-01-24	Common Stock	D	2938	$106.16	Disposed	72047	Direct
2017-01-25	Common Stock	M	2937	$58.65	Acquired	74984	Direct
2017-01-25	Common Stock	D	2937	$108.02	Disposed	72047	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-24	Employee Stock Option (right to buy)	$58.65	M	2938	Disposed	2022-02-13	Common Stock (2938.0)	Direct
2017-01-25	Employee Stock Option (right to buy)	$58.65	M	2937	Disposed	2022-02-13	Common Stock (2937.0)	Direct

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 20, 2015.

F2: The reported transaction involves sales transactions from $105.00 to $106.81 per share. The weighted average price per share was $106.16. 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: The reported transaction involves sales transactions from $108.00 to $108.07 per share. The weighted average price per share was $108.02. 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.

F4: Stock options vest in four equal quarterly installments commencing on March 31, 2016.