IPG PHOTONICS CORP — Director's Dealing 2020

Jul 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2020-07-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-01	Common Stock	M	212	$71.77	Acquired	18119	Direct
2020-07-01	Common Stock	M	3288	$81.89	Acquired	21407	Direct
2020-07-01	Common Stock	S	4074	$155.96	Disposed	17333	Direct
2020-07-01	Common Stock	S	1463	$156.71	Disposed	15870	Direct
2020-07-01	Common Stock	S	100	$157.94	Disposed	15770	Direct
2020-07-01	Common Stock	S	250	$159.34	Disposed	15520	Direct
2020-07-01	Common Stock	S	50	$160.21	Disposed	15470	Direct
2020-07-01	Common Stock	S	63	$161.75	Disposed	15407	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-07-01	Employee Stock Options (right to buy)	$71.77	M	212	Disposed	2024-02-27	Common Stock (212.0)	Direct
2020-07-01	Employee Stock Option (right to buy)	$81.89	M	3288	Disposed	2026-02-17	Common Stock (3288.0)	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 February 27, 2020.

F2: The reported transaction involves sale transactions ranging from $155.42 to $156.41 per share. The weighted average price per share was $155.96. 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 $156.43 to $157.42 per share. The weighted average price per share was $156.71. 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.

F4: The reported transaction involves sale transactions ranging from $159.17 to $159.90 per share. The weighted average price per share was $159.34. 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, 2018.

F6: Grant of stock options vesting in one installment on March 1, 2020.