Valentin Gapontsev Trust I - Nov 8, 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
Nov 8, 2023
Transactions value $
-$756,630
Form type
4
Date filed
11/13/2023, 05:25 PM
Previous filing
Oct 26, 2023
Next filing
Nov 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IPGP Common Stock Sale -$462K -5.05K -0.07% $91.47 7.25M Nov 8, 2023 Direct F1, F2
transaction IPGP Common Stock Sale -$264K -2.87K -0.04% $92.01 7.25M Nov 8, 2023 Direct F1, F3
transaction IPGP Common Stock Sale -$30.8K -332 0% $92.84 7.25M Nov 8, 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 $90.71 to $91.70 per share. The weighted average price per share was $91.47. 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 $91.71 to $92.60 per share. The weighted average price per share was $92.01. 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 $92.73 to $92.94 per share. The weighted average price per share was $92.84. 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.