Eric Meurice - 29 Jun 2023 Form 4 Insider Report for IPG PHOTONICS CORP (IPGP)

Role
Director
Signature
Angelo P. Lopresti, Attorney-in-Fact
Issuer symbol
IPGP
Transactions as of
29 Jun 2023
Net transactions value
-$55,116
Form type
4
Filing time
30 Jun 2023, 16:07:04 UTC
Previous filing
16 Jun 2023
Next filing
31 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IPGP Common Stock Options Exercise $49,769 +785 +4.8% $63.40 17,276 29 Jun 2023 Direct
transaction IPGP Common Stock Sale $51,195 -384 -2.2% $133.32 16,892 29 Jun 2023 Direct F1, F2
transaction IPGP Common Stock Sale $53,690 -401 -2.4% $133.89 16,491 29 Jun 2023 Direct F1, F3

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 Director Stock Option (right to buy) Options Exercise $0 -785 -9.1% $0.000000 7,853 29 Jun 2023 Common Stock 785 $63.40 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The reported transaction involves sale transactions ranging from $132.61 to $133.59 per share. The weighted average price per share was $133.32. 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 $133.61 to $134.32 per share. The weighted average price per share was $133.89. 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 Grant of stock options vesting in four equal annual installments on June 3, 2015, 2016, 2017 and 2018.