IPG PHOTONICS CORP — Director's Dealing 2021

Mar 10, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2021-03-08

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-08	Common Stock	M	1505	$58.65	Acquired	23937	Direct
2021-03-08	Common Stock	S	359	$201.66	Disposed	23578	Direct
2021-03-08	Common Stock	S	917	$205.09	Disposed	22661	Direct
2021-03-08	Common Stock	S	229	$206.19	Disposed	22432	Direct
2021-03-09	Common Stock	M	1495	$58.65	Acquired	23927	Direct
2021-03-09	Common Stock	M	5000	$60.11	Acquired	28927	Direct
2021-03-09	Common Stock	S	400	$202.53	Disposed	28527	Direct
2021-03-09	Common Stock	S	500	$205.22	Disposed	28027	Direct
2021-03-09	Common Stock	S	955	$206.34	Disposed	27072	Direct
2021-03-09	Common Stock	S	2884	$207.48	Disposed	24188	Direct
2021-03-09	Common Stock	S	1135	$208.38	Disposed	23053	Direct
2021-03-09	Common Stock	S	621	$209.04	Disposed	22432	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-08	Employee Stock Option (right to buy)	$58.65	M	1505	Disposed	2022-02-13	Common Stock (1505.0)	Direct
2021-03-09	Employee Stock Option (right to buy)	$58.65	M	1495	Disposed	2022-02-13	Common Stock (1495.0)	Direct
2021-03-09	Employee Stock Option (right to buy)	$60.11	M	5000	Disposed	2023-02-28	Common Stock (5000.0)	Direct

Footnotes

F1: The reported transaction involves sale transactions ranging from $201.50 to $202.38 per share. The weighted average price per share was $201.66. 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 $205.00 to $205.70 per share. The weighted average price per share was $205.09. 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 $206.02 to $206.50 per share. The weighted average price per share was $206.19. 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 $202.50 to $202.55 per share. The weighted average price per share was $202.53. 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 $204.65 to $205.57 per share. The weighted average price per share was $205.22. 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 $205.87 to $206.82 per share. The weighted average price per share was $206.34. 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.

F7: The reported transaction involves sale transactions ranging from $206.88 to $207.87 per share. The weighted average price per share was $207.48. 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 $207.88 to $208.85 per share. The weighted average price per share was $208.38. 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: The reported transaction involves sale transactions ranging from $208.89 to $209.36 per share. The weighted average price per share was $209.04. 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.

F10: Grant of stock options vesting in four equal quarterly installments commencing on March 31, 2016.

F11: Grant of stock options vesting in one installment on March 1, 2017.