IPG PHOTONICS CORP — Director's Dealing 2020

May 20, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2020-05-18

Reporting Person: Ovtchinnikov Alexander (SVP, Components, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-18	Common Stock	M	12000	$71.77	Acquired	95115	Direct
2020-05-18	Common Stock	M	6161	$97.65	Acquired	101276	Direct
2020-05-18	Common Stock	M	6394	$81.89	Acquired	107670	Direct
2020-05-18	Common Stock	S	22020	$150.76	Disposed	85650	Direct
2020-05-18	Common Stock	S	2535	$151.24	Disposed	83115	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-18	Employee Stock Options (right to buy)	$71.77	M	12000	Disposed	2024-02-27	Common Stock (12000.0)	Direct
2020-05-18	Employee Stock Options (right to buy)	$97.65	M	6161	Disposed	2025-02-24	Common Stock (6161.0)	Direct
2020-05-18	Employee Stock Option (right to buy)	$81.89	M	6394	Disposed	2026-02-17	Common Stock (6394.0)	Direct

Footnotes

F1: The reported transaction involves sale transactions ranging from $150.09 to $151.08 per share. The weighted average price per share was $150.76. 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.

F2: The reported transaction involves sale transactions ranging from $151.09 to $151.32 per share. The weighted average price per share was $151.24. 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, 2018.

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.