IPG PHOTONICS CORP — Director's Dealing 2021

Mar 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2021-03-01

Reporting Person: Ness Trevor (SVP, Worldwide Sales & Mrkting)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-01	Common Stock	M	1903	$119.50	Acquired	19933	Direct
2021-03-01	Common Stock	F	877	$228.77	Disposed	19056	Direct
2021-03-01	Common Stock	S	238	$226.42	Disposed	18818	Direct
2021-03-01	Common Stock	S	517	$227.35	Disposed	18301	Direct
2021-03-01	Common Stock	S	897	$228.33	Disposed	17404	Direct
2021-03-01	Common Stock	S	251	$229.02	Disposed	17153	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-01	Employee Stock Option (right to buy)	$119.5	M	1903	Disposed	2027-02-16	Common Stock (1903.0)	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 30, 2020.

F2: The reported transaction involves sale transactions ranging from $225.83 to $226.76 per share. The weighted average price per share was $226.42. 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 $226.84 to $227.80 per share. The weighted average price per share was $227.35. 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 $227.84 to $228.79 per share. The weighted average price per share was $228.33. 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 $228.85 to $229.36 per share. The weighted average price per share was $229.02. 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.

F6: Grant of stock options vesting in four equal annual installments commencing on March 1, 2018.