IPG PHOTONICS CORP — Director's Dealing 2019

May 8, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2019-05-06

Reporting Person: Valentin Gapontsev Trust I (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-06	Common Stock	S	10000	$162.59	Disposed	7555999	Direct

Footnotes

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 5, 2019.

F2: The reported transaction involves Sale transactions from $161.14 to $166.66 per share. The weighted average price per share was $162.59. 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 purchased at each separate price.