Valentin Gapontsev Trust I - 08 Jun 2023 Form 4 Insider Report for IPG PHOTONICS CORP (IPGP)

Role
10%+ Owner
Signature
Angelo P. Lopresti, Attorney-in-Fact
Issuer symbol
IPGP
Transactions as of
08 Jun 2023
Net transactions value
-$926,496
Form type
4
Filing time
09 Jun 2023, 16:19:24 UTC
Previous filing
25 May 2023
Next filing
28 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IPGP Common Stock Sale $572,979 -5,120 -0.07% $111.91 7,331,729 08 Jun 2023 Direct F1, F2
transaction IPGP Common Stock Sale $336,050 -2,976 -0.04% $112.92 7,328,753 08 Jun 2023 Direct F1, F3
transaction IPGP Common Stock Sale $17,467 -154 -0% $113.42 7,328,599 08 Jun 2023 Direct F1, F4
* 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 $111.40 to $112.39 per share. The weighted average price per share was $111.91. 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 $112.40 to $113.39 per share. The weighted average price per share was $112.92. 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 $113.41 to $113.44 per share. The weighted average price per share was $113.42. 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.