IPG PHOTONICS CORP — Director's Dealing 2020

Oct 16, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2020-10-15

Reporting Person: Ness Trevor (SVP, Worldwide Sales & Mrkting)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-15	Common Stock	M	4467	$97.65	Acquired	19874	Direct
2020-10-15	Common Stock	S	300	$180.93	Disposed	19574	Direct
2020-10-15	Common Stock	S	781	$181.98	Disposed	18793	Direct
2020-10-15	Common Stock	S	251	$182.72	Disposed	18542	Direct
2020-10-15	Common Stock	S	551	$184.09	Disposed	17991	Direct
2020-10-15	Common Stock	S	796	$185.37	Disposed	17195	Direct
2020-10-15	Common Stock	S	1200	$186.22	Disposed	15995	Direct
2020-10-15	Common Stock	S	588	$186.98	Disposed	15407	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-10-15	Employee Stock Options (right to buy)	$97.65	M	4467	Disposed	2025-02-24	Common Stock (4467.0)	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 August 14, 2020.

F2: The reported transaction involves sale transactions ranging from $180.41 to $181.19 per share. The weighted average price per share was $180.93. 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 $181.45 to $182.32 per share. The weighted average price per share was $181.98. 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: The reported transaction involves sale transactions ranging from $182.45 to $183.05 per share. The weighted average price per share was $182.72. 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.

F5: The reported transaction involves sale transactions ranging from $183.68 to $184.58 per share. The weighted average price per share was $184.09. 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.

F6: The reported transaction involves sale transactions ranging from $184.74 to $185.73 per share. The weighted average price per share was $185.37. 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.

F7: The reported transaction involves sale transactions ranging from $185.74 to $186.72 per share. The weighted average price per share was $186.22. 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.

F8: The reported transaction involves sale transactions ranging from $186.74 to $187.39 per share. The weighted average price per share was $186.98. 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.

F9: Grant of stock options vesting in one installment March 1, 2019.