IPG PHOTONICS CORP — Director's Dealing 2021

Jan 6, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2021-01-04

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-04	Common Stock	M	4000	$119.50	Acquired	19407	Direct
2021-01-04	Common Stock	S	992	$217.56	Disposed	18415	Direct
2021-01-04	Common Stock	S	767	$218.44	Disposed	17648	Direct
2021-01-04	Common Stock	S	372	$219.56	Disposed	17276	Direct
2021-01-04	Common Stock	S	795	$220.46	Disposed	16481	Direct
2021-01-04	Common Stock	S	118	$221.86	Disposed	16363	Direct
2021-01-04	Common Stock	S	100	$222.90	Disposed	16263	Direct
2021-01-04	Common Stock	S	172	$224.35	Disposed	16091	Direct
2021-01-04	Common Stock	S	457	$225.52	Disposed	15634	Direct
2021-01-04	Common Stock	S	227	$226.29	Disposed	15407	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-04	Employee Stock Option (right to buy)	$119.5	M	4000	Disposed	2027-02-16	Common Stock (4000.0)	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 $216.99 to $217.98 per share. The weighted average price per share was $217.56. 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.

F3: The reported transaction involves sale transactions ranging from $218.00 to $218.98 per share. The weighted average price per share was $218.44. 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 $219.00 to $219.93 per share. The weighted average price per share was $219.56. 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.

F5: The reported transaction involves sale transactions ranging from $220.03 to $221.02 per share. The weighted average price per share was $220.46. 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 $221.04 to $222.00 per share. The weighted average price per share was $221.86. 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 $222.53 to $223.26 per share. The weighted average price per share was $222.90. 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 $224.02 to $224.92 per share. The weighted average price per share was $224.35. 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.

F9: The reported transaction involves sale transactions ranging from $225.08 to $225.99 per share. The weighted average price per share was $225.52. 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.

F10: The reported transaction involves sale transactions ranging from $226.21 to $226.45 per share. The weighted average price per share was $226.29. 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.