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IPG PHOTONICS CORP — Director's Dealing 2024
Jan 31, 2024
31300_dirs_2024-01-31_b2f87374-bbb9-4f68-a03f-3f11088a57ce.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
Period of Report: 2023-07-31
Reporting Person: Meurice Eric (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-07-31 | Common Stock | M | 785 | $63.40 | Acquired | 17276 | Direct |
| 2023-07-31 | Common Stock | S | 480 | $131.27 | Disposed | 16796 | Direct |
| 2023-07-31 | Common Stock | S | 293 | $132.25 | Disposed | 16503 | Direct |
| 2023-07-31 | Common Stock | S | 12 | $132.90 | Disposed | 16491 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-07-31 | Director Stock Option (right to buy) | $63.40 | M | 785 | Disposed | 2024-06-02 | Common Stock (785) | Direct |
Footnotes
F1: On August 2, 2023, the Reporting Person filed a Form 4 (the "Original Form 4") which inadvertently omitted the exercise of an aggregate of 785 options by the Reporting Person. The Original Form 4 reported the sale of shares of Common Stock of the Issuer ("Common Stock") underlying those options, pursuant to a Rule 10b5-1 trading plan. This Form 4 amendment is being filed for the purpose of amending and restating the Original Form 4 solely to report the exercise of the stock options and the resulting increase in beneficial ownership of Common Stock. The Reporting Person has not sold any additional shares of Common Stock beyond those sales reported in the Original Form 4.
F2: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 27, 2023.
F3: The reported transaction involves sale transactions ranging from $130.86 to $131.72 per share. The weighted average price per share was $131.27. 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 $131.86 to $132.82 per share. The weighted average price per share was $132.25. 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 $132.86 to $132.96 per share. The weighted average price per share was $132.90. 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.
F6: Grant of stock options vesting in four equal annual installments on June 3, 2015, 2016, 2017 and 2018.