IPG PHOTONICS CORP — Director's Dealing 2021

Jan 22, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2021-01-20

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-20	Common Stock	M	6599	$119.50	Acquired	50568	Direct
2021-01-20	Common Stock	M	7326	$97.65	Acquired	57894	Direct
2021-01-20	Common Stock	S	908	$249.89	Disposed	56986	Direct
2021-01-20	Common Stock	S	6777	$250.85	Disposed	50209	Direct
2021-01-20	Common Stock	S	3910	$251.49	Disposed	46299	Direct
2021-01-20	Common Stock	S	932	$252.52	Disposed	45367	Direct
2021-01-20	Common Stock	S	266	$253.48	Disposed	45101	Direct
2021-01-20	Common Stock	S	250	$254.64	Disposed	44851	Direct
2021-01-20	Common Stock	S	299	$256.47	Disposed	44552	Direct
2021-01-20	Common Stock	S	477	$257.87	Disposed	44075	Direct
2021-01-20	Common Stock	S	106	$258.58	Disposed	43969	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-20	Employee Stock Option (right to buy)	$119.5	M	6599	Disposed	2027-02-16	Common Stock (6599.0)	Direct
2021-01-20	Employee Stock Options (right to buy)	$97.65	M	7326	Disposed	2025-02-24	Common Stock (7326.0)	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 $249.18 to $250.16 per share. The weighted average price per share was $249.89. 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 $250.18 to $251.17 per share. The weighted average price per share was $250.85. 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 $251.18 to $252.14 per share. The weighted average price per share was $251.49. 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 $252.18 to $253.08 per share. The weighted average price per share was $252.52. 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 $253.24 to $253.64 per share. The weighted average price per share was $253.48. 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.

F7: The reported transaction involves sale transactions ranging from $254.47 to $254.79 per share. The weighted average price per share was $254.64. 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 $255.88 to $256.84 per share. The weighted average price per share was $256.47. 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 $257.20 to $258.18 per share. The weighted average price per share was $257.87. 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: The reported transaction involves sale transactions ranging from $258.54 to $258.58 per share. The weighted average price per share was $258.58. 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.

F11: Grant of stock options vesting in four equal annual installments commencing on March 1, 2018.

F12: Grant of stock options vesting in one installment on March 1, 2019.