Valentin Gapontsev Trust I - May 24, 2023 Form 4 Insider Report for IPG PHOTONICS CORP (IPGP)

Role
10%+ Owner
Signature
/s/Angelo P. Lopresti, Attorney-in-fact for Valentin Gapontsev Trust I
Stock symbol
IPGP
Transactions as of
May 24, 2023
Transactions value $
-$906,688
Form type
4
Date filed
5/25/2023, 04:48 PM
Previous filing
May 8, 2023
Next filing
Jun 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IPGP Common Stock Sale -$546K -5K -0.07% $109.22 7.34M May 24, 2023 Direct F1, F2
transaction IPGP Common Stock Sale -$185K -1.68K -0.02% $110.17 7.34M May 24, 2023 Direct F1, F3
transaction IPGP Common Stock Sale -$74K -666 -0.01% $111.05 7.34M May 24, 2023 Direct F1, F4
transaction IPGP Common Stock Sale -$103K -913 -0.01% $112.30 7.34M May 24, 2023 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 December 15, 2022.
F2 The reported transaction involves sale transactions ranging from $108.64 to $109.62 per share. The weighted average price per share was $109.22. 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 $109.65 to $110.64 per share. The weighted average price per share was $110.17. 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 $110.65 to $111.49 per share. The weighted average price per share was $111.05. 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 $112.04 to $112.87 per share. The weighted average price per share was $112.30. 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.