Valentin Gapontsev Trust I - Oct 9, 2023 Form 4 Insider Report for IPG PHOTONICS CORP (IPGP)

Role
10%+ Owner
Signature
/s/ Adam N. King, Attorney-in-Fact for Valentin Gapontsev Trust I
Stock symbol
IPGP
Transactions as of
Oct 9, 2023
Transactions value $
-$788,517
Form type
4
Date filed
10/11/2023, 04:45 PM
Previous filing
Sep 27, 2023
Next filing
Oct 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IPGP Common Stock Sale -$247K -2.6K -0.04% $95.06 7.27M Oct 9, 2023 Direct F1, F2
transaction IPGP Common Stock Sale -$527K -5.5K -0.08% $95.80 7.26M Oct 9, 2023 Direct F1, F3
transaction IPGP Common Stock Sale -$14.5K -150 0% $96.39 7.26M Oct 9, 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 $94.33 to $95.32 per share. The weighted average price per share was $95.06. 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 $95.34 to $96.33 per share. The weighted average price per share was $95.80. 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 $96.34 to $96.44 per share. The weighted average price per share was $96.39. 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.