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IPG PHOTONICS CORP — Director's Dealing 2020
Jul 17, 2020
31300_dirs_2020-07-17_92c2ec04-2dce-49a6-ab98-a2e96cf81c35.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2020-07-15
Reporting Person: Lopresti Angelo P (SVP, Secretary & Gen Counsel, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-07-15 | Common Stock | M | 5400 | $60.11 | Acquired | 47275 | Direct |
| 2020-07-15 | Common Stock | S | 5400 | $170.10 | Disposed | 41875 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-07-15 | Employee Stock Options (right to buy) | $60.11 | M | 5400 | Disposed | 2023-02-28 | Common Stock (5400.0) | 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 November 12, 2019.
F2: The reported transaction involves sale transactions ranging from $170.00 to $170.49 per share. The weighted average price per share was $170.10. 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: Grant of stock options vesting in one installment on March 1, 2017.