IPG PHOTONICS CORP — Director's Dealing 2020

May 12, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2020-05-11

Reporting Person: Lopresti Angelo P (SVP, Secretary & Gen Counsel, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-11	Common Stock	M	1100	$53.76	Acquired	42975	Direct
2020-05-11	Common Stock	S	1100	$155.02	Disposed	41875	Direct
2020-05-12	Common Stock	M	3650	$53.76	Acquired	45525	Direct
2020-05-12	Common Stock	S	3650	$155.08	Disposed	41875	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-11	Employee Stock Option (right to buy)	$53.76	M	1100	Disposed	2021-02-28	Common Stock (1100.0)	Direct
2020-05-12	Employee Stock Option (right to buy)	$53.76	M	3650	Disposed	2021-02-28	Common Stock (3650.0)	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 $155.00 to $155.06 per share. The weighted average price per share was $155.02. 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 $155.00 to $155.34 per share. The weighted average price per share was $155.08. 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: Grant of stock options vesting 25% on March 31, 2015, June 30, 2015, September 30, 2015 and December 31, 2015.