IPG PHOTONICS CORP — Director's Dealing 2018

Jan 10, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2018-01-08

Reporting Person: Shcherbakov Eugene A (Director, SVP, MD IPG Laser GmbH, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-01-08	Common Stock	M	1000	$15.82	Acquired	16957	Direct
2018-01-08	Common Stock	M	3000	$53.76	Acquired	19957	Direct
2018-01-08	Common Stock	M	2500	$58.65	Acquired	22457	Direct
2018-01-08	Common Stock	M	3000	$60.11	Acquired	25457	Direct
2018-01-08	Common Stock	S	9500	$256.56	Disposed	15957	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-01-08	Employee Stock Options (right to buy)	$15.82	M	1000	Disposed	2020-02-25	Common Stock (1000.0)	Direct
2018-01-08	Employee Stock Option (right to buy)	$53.76	M	3000	Disposed	2021-02-28	Common Stock (3000.0)	Direct
2018-01-08	Employee Stock Option (right to buy)	$58.65	M	2500	Disposed	2022-02-13	Common Stock (2500.0)	Direct
2018-01-08	Employee Stock Option (right to buy)	$60.11	M	3000	Disposed	2023-02-28	Common Stock (3000.0)	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 21, 2017.

F2: The reported transaction involves sales transactions from $256.00 to $256.66 per share. The weighted average price per share was $256.56. 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: Option vests in four quarterly installments commencing on March 31, 2014.

F4: Option vests in four quarterly installments commencing on March 31, 2015.

F5: Option vests in four quarterly installments commencing on March 31, 2016.

F6: Option vests in one installment on March 1, 2017.