Eric Meurice - Jul 31, 2023 Form 4 Insider Report for IPG PHOTONICS CORP (IPGP)

Role
Director
Signature
Angelo P. Lopresti, Attorney-in-Fact
Stock symbol
IPGP
Transactions as of
Jul 31, 2023
Transactions value $
-$103,354
Form type
4
Date filed
8/2/2023, 04:33 PM
Previous filing
Jun 30, 2023
Next filing
Oct 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IPGP Common Stock Sale -$63K -480 -2.91% $131.27 16K Jul 31, 2023 Direct F1, F2
transaction IPGP Common Stock Sale -$38.7K -293 -1.83% $132.25 15.7K Jul 31, 2023 Direct F1, F3
transaction IPGP Common Stock Sale -$1.59K -12 -0.08% $132.90 15.7K Jul 31, 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.