IPG PHOTONICS CORP — Director's Dealing 2020

Sep 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2020-09-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-15	Common Stock	M	1527	$97.65	Acquired	16934	Direct
2020-09-15	Common Stock	M	2939	$81.89	Acquired	19873	Direct
2020-09-15	Common Stock	S	1246	$165.54	Disposed	18627	Direct
2020-09-15	Common Stock	S	3179	$166.26	Disposed	15448	Direct
2020-09-15	Common Stock	S	41	$166.90	Disposed	15407	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-09-15	Employee Stock Options (right to buy)	$97.65	M	1527	Disposed	2025-02-24	Common Stock (1527.0)	Direct
2020-09-15	Employee Stock Option (right to buy)	$81.89	M	2939	Disposed	2026-02-17	Common Stock (2939.0)	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 $164.88 to $165.86 per share. The weighted average price per share was $165.54. 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 $165.88 to $166.84 per share. The weighted average price per share was $166.26. 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, 2019.

F5: Grant of stock options vesting in one installment on March 1, 2020.