IPG PHOTONICS CORP — Director's Dealing 2021

Mar 12, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2021-03-10

Reporting Person: Mammen Timothy PV (SVP, Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-10	Common Stock	M	534	$119.50	Acquired	46309	Direct
2021-03-10	Common Stock	S	509	$210.20	Disposed	45800	Direct
2021-03-10	Common Stock	S	25	$211.36	Disposed	45775	Direct
2021-03-11	Common Stock	M	1666	$119.50	Acquired	47441	Direct
2021-03-11	Common Stock	S	100	$210.36	Disposed	47341	Direct
2021-03-11	Common Stock	S	160	$211.82	Disposed	47181	Direct
2021-03-11	Common Stock	S	160	$212.56	Disposed	47021	Direct
2021-03-11	Common Stock	S	946	$214.21	Disposed	46075	Direct
2021-03-11	Common Stock	S	300	$214.84	Disposed	45775	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-10	Employee Stock Option (right to buy)	$119.5	M	534	Disposed	2027-02-16	Common Stock (534.0)	Direct
2021-03-11	Employee Stock Option (right to buy)	$119.5	M	1666	Disposed	2027-02-16	Common Stock (1666.0)	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 December 16, 2020.

F2: The reported transaction involves sale transactions ranging from $210.00 to $210.52 per share. The weighted average price per share was $210.20. 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 $211.35 to $211.53 per share. The weighted average price per share was $211.36. 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 $210.05 to $210.66 per share. The weighted average price per share was $210.36. 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: The reported transaction involves sale transactions ranging from $211.21 to $212.20 per share. The weighted average price per share was $211.82. 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.

F6: The reported transaction involves sale transactions ranging from $212.22 to $213.00 per share. The weighted average price per share was $212.56. 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.

F7: The reported transaction involves sale transactions ranging from $213.59 to $214.58 per share. The weighted average price per share was $214.21. 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.

F8: The reported transaction involves sale transactions ranging from $214.65 to $215.38 per share. The weighted average price per share was $214.84. 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.

F9: Grant of stock options vesting in four equal annual installments commencing on March 1, 2018.