Trevor Ness - 02 Aug 2021 Form 4 Insider Report for IPG PHOTONICS CORP (IPGP)

Role: SVP, Worldwide Sales & Mrkting
Signature: /s/ Angelo P. Lopresti, Attorney-in-Fact
Issuer symbol: IPGP
Transactions as of: 02 Aug 2021
Net transactions value: -$386,326
Form type: 4
Filing time: 04 Aug 2021, 17:06:32 UTC
Next filing: 22 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IPGP	Common Stock	Options Exercise	$185,856	+1,200	+7.4%	$154.88	17,383	02 Aug 2021	Direct
transaction	IPGP	Common Stock	Sale	$572,182	-2,600	-15%	$220.07	14,783	02 Aug 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	-1,200	-16%	$0.000000	6,212	02 Aug 2021	Common Stock	1,200	$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.