IPG PHOTONICS CORP — Director's Dealing 2024

Feb 21, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2024-02-16

Reporting Person: Shcherbakov Eugene A (Director, CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-16	Common Stock	A	28877	—	Acquired	98638	Direct
2024-02-20	Common Stock	M	4000	$71.77	Acquired	102638	Direct
2024-02-20	Common Stock	S	3365	$85.72	Disposed	99273	Direct
2024-02-20	Common Stock	S	635	$86.14	Disposed	98638	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-02-20	Employee Stock Options (right to buy)	$71.77	M	4000	Disposed	2024-02-27	Common Stock (4000)	Direct

Footnotes

F1: Restricted stock units vesting in three annual installments of 33%, 33% and 34% on March 1, 2025, March 1, 2026 and March 1, 2027, respectively.

F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 10, 2023.

F3: The reported transaction involves sale transactions ranging from $85.07 to $86.06 per share. The weighted average price per share was $85.72. 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 $86.07 to $86.23 per share. The weighted average price per share was $86.14. 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: Grant of stock options vesting in one installment on March 1, 2018.