IPG PHOTONICS CORP — Director's Dealing 2020

Jul 22, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2020-07-20

Reporting Person: Burgomaster Thomas J (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-20	Common Stock	M	741	$81.89	Acquired	6941	Direct
2020-07-20	Common Stock	S	741	$180.01	Disposed	6200	Direct
2020-07-21	Common Stock	M	1690	$81.89	Acquired	7890	Direct
2020-07-21	Common Stock	S	1000	$181.06	Disposed	6890	Direct
2020-07-21	Common Stock	S	690	$182.91	Disposed	6200	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-07-20	Employee Stock Option (right to buy)	$81.89	M	741	Disposed	2026-02-18	Common Stock (741.0)	Direct
2020-07-21	Employee Stock Option (right to buy)	$81.89	M	1690	Disposed	2026-02-18	Common Stock (1690.0)	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 $180.00 to $180.03 per share. The weighted average price per share was $180.01. 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 $181.01 to $181.52 per share. The weighted average price per share was $181.06. 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 $182.90 to $182.93 per share. The weighted average price per share was $182.91. 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: Grant of stock options vesting in one installment on March 1, 2020.