IPG PHOTONICS CORP — Director's Dealing 2018

Mar 5, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2018-03-01

Reporting Person: Mammen Timothy PV (SVP, Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-01	Common Stock	M	5000	$58.65	Acquired	38040	Direct
2018-03-01	Common Stock	M	7500	$60.11	Acquired	45540	Direct
2018-03-01	Common Stock	S	12500	$243.41	Disposed	33040	Direct
2018-03-01	Common Stock	A	5864	—	Acquired	38904	Direct
2018-03-01	Common Stock	F	1298	—	Disposed	37606	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-03-01	Employee Stock Options (right to buy)	$58.65	M	5000	Disposed	2022-02-13	Common Stock (5000.0)	Direct
2018-03-01	Employee Stock Option (right to buy)	$60.11	M	7500	Disposed	2023-02-28	Common Stock (7500.0)	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 December 14, 2017.

F2: The reported transaction involves sales transactions from $239.79 to $246.08 per share. The weighted average price per share was $243.41. 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: Represents performance share units for which performance criteria is satisfied but which remain subject to service-based vesting on March 1, 2019.

F4: Option vesting in four equal quarterly installments commencing on March 31, 2016.

F5: Option vesting in one installment on March 1, 2017