IPG PHOTONICS CORP — Director's Dealing 2020

May 8, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2020-05-07

Reporting Person: STUKALIN FELIX I (SVP, North America Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-07	Common Stock	M	2000	$53.76	Acquired	22564	Direct
2020-05-07	Common Stock	M	6000	$58.65	Acquired	28564	Direct
2020-05-07	Common Stock	S	366	$145.57	Disposed	28198	Direct
2020-05-07	Common Stock	S	2926	$146.66	Disposed	25272	Direct
2020-05-07	Common Stock	S	4194	$147.53	Disposed	21078	Direct
2020-05-07	Common Stock	S	514	$148.33	Disposed	20564	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-07	Employee Stock Option (right to buy)	$53.76	D	2000	Disposed	2021-02-28	Common Stock (2000.0)	Direct
2020-05-07	Employee Stock Option (right to buy)	$58.65	D	6000	Disposed	2022-02-13	Common Stock (6000.0)	Direct

Footnotes

F1: The reported transaction involves sale transactions ranging from $145.06 to $146.05 per share. The weighted average price per share was $145.57. The Reporting Person undertakes to provide upon request bythe 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 $146.10 to $147.09 per share. The weighted average price per share was $146.66. The Reporting Person undertakes to provide upon request bythe 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 $147.11 to $148.10 per share. The weighted average price per share was $147.53. The Reporting Person undertakes to provide upon request bythe 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 $148.16 to $148.77 per share. The weighted average price per share was $148.33. The Reporting Person undertakes to provide upon request bythe SEC staff, the Issuer, or a security holder of the Issuer, information regarding the number of shares sold at each separate price.

F5: Option vests in four quarterly installments commencing on March 31, 2015.

F6: Option vests in four quarterly installments commencing on March 31, 2016.