IPG PHOTONICS CORP — Director's Dealing 2020

Sep 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2020-09-01

Reporting Person: Burgomaster Thomas J (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-01	Common Stock	M	3750	$58.65	Acquired	9950	Direct
2020-09-01	Common Stock	M	4400	$60.11	Acquired	14350	Direct
2020-09-01	Common Stock	S	4024	$159.11	Disposed	10326	Direct
2020-09-01	Common Stock	S	2675	$159.87	Disposed	7651	Direct
2020-09-01	Common Stock	S	1214	$161.18	Disposed	6437	Direct
2020-09-01	Common Stock	S	237	$161.71	Disposed	6200	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-09-01	Employee Stock Option (right to buy)	$58.65	M	3750	Disposed	2022-02-14	Common Stock (3750.0)	Direct
2020-09-01	Employee Stock Option (right to buy)	$60.11	M	4400	Disposed	2023-03-01	Common Stock (4400.0)	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 $158.53 to $159.52 per share. The weighted average price per share was $159.11. 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 $159.54 to $160.48 per share. The weighted average price per share was $159.87. 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 $160.61 to $161.50 per share. The weighted average price per share was $161.18. 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 $161.70 to $161.72 per share. The weighted average price per share was $161.71. 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: Options vest four equal quarterly installments commencing March 31, 2016.

F7: Options vest 100% on March 1, 2017.