IPG PHOTONICS CORP — Director's Dealing 2020

Oct 22, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2020-10-20

Reporting Person: Burgomaster Thomas J (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-20	Common Stock	M	623	$71.77	Acquired	6823	Direct
2020-10-20	Common Stock	M	1870	$119.50	Acquired	8693	Direct
2020-10-20	Common Stock	S	1993	$190.48	Disposed	6700	Direct
2020-10-20	Common Stock	S	500	$191.15	Disposed	6200	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-10-20	Employee Stock Option (right to buy)	$71.77	M	623	Disposed	2024-02-28	Common Stock (623.0)	Direct
2020-10-20	Employee Stock Option (right to buy)	$119.5	M	1870	Disposed	2027-02-17	Common Stock (1870.0)	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 May 21, 2020.

F2: The reported transaction involves sale transactions ranging from $190.00 to $190.98 per share. The weighted average price per share was $190.48. 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 sale transactions ranging from $191.01 to $191.35 per share. The weighted average price per share was $191.15. 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: Grant of stock options vesting in one installment on March 1, 2018.

F5: Grant of stock options vesting in four equal annual installments on March 1, 2018, 2019, 2020 and 2021.