Trevor Ness - Aug 2, 2021 Form 4 Insider Report for IPG PHOTONICS CORP (IPGP)

Role: SVP, Worldwide Sales & Mrkting
Signature: /s/ Angelo P. Lopresti, Attorney-in-Fact
Stock symbol: IPGP
Transactions as of: Aug 2, 2021
Transactions value $: -$386,326
Form type: 4
Date filed: 8/4/2021, 05:06 PM
Next filing: Feb 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IPGP	Common Stock	Options Exercise	$186K	+1.2K	+7.42%	$154.88	17.4K	Aug 2, 2021	Direct
transaction	IPGP	Common Stock	Sale	-$572K	-2.6K	-14.96%	$220.07	14.8K	Aug 2, 2021	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	IPGP	Employee Stock Option (right to buy)	Options Exercise	$0	-1.2K	-16.19%	$0.00	6.21K	Aug 2, 2021	Common Stock	1.2K	$154.88	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2021.
F2	The reported transaction involves sale transactions ranging from $220.00 to $220.51 per share. The weighted average price per share was $220.07. 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	Grant of stock options vesting in four equal installments commencing on March 1, 2020.