Eric Meurice - 31 Jul 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
31 Jul 2023
Net transactions value
-$103,354
Form type
4
Filing time
02 Aug 2023, 16:33:33 UTC
Previous filing
30 Jun 2023
Next filing
03 Oct 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 $63,010 -480 -2.9% $131.27 16,011 31 Jul 2023 Direct F1, F2
transaction IPGP Common Stock Sale $38,749 -293 -1.8% $132.25 15,718 31 Jul 2023 Direct F1, F3
transaction IPGP Common Stock Sale $1,595 -12 -0.08% $132.90 15,706 31 Jul 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 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 $130.86 to $131.72 per share. The weighted average price per share was $131.27. 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 $131.86 to $132.82 per share. The weighted average price per share was $132.25. 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 $132.86 to $132.96 per share. The weighted average price per share was $132.90. 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.