Eric Meurice - 29 Jan 2024 Form 4 Insider Report for IPG PHOTONICS CORP (IPGP)

Role
Director
Signature
/s/ Adam N. King, Attorney-in-Fact
Issuer symbol
IPGP
Transactions as of
29 Jan 2024
Net transactions value
-$51,700
Form type
4
Filing time
31 Jan 2024, 16:08:47 UTC
Previous filing
03 Jan 2024
Next filing
08 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IPGP Common Stock Options Exercise $51,544 +813 +4.9% $63.40 17,304 29 Jan 2024 Direct
transaction IPGP Common Stock Sale $64,623 -657 -3.8% $98.36 16,647 29 Jan 2024 Direct F1, F2
transaction IPGP Common Stock Sale $15,600 -156 -0.94% $100.00 16,491 29 Jan 2024 Direct F1, F3
transaction IPGP Common Stock Options Exercise $39,879 +629 +3.8% $63.40 17,120 30 Jan 2024 Direct
transaction IPGP Common Stock Sale $62,900 -629 -3.7% $100.00 16,491 30 Jan 2024 Direct F1

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 -813 -21% $0.000000 2,987 29 Jan 2024 Common Stock 813 $63.40 Direct F4
transaction IPGP Director Stock Option (right to buy) Options Exercise $0 -629 -21% $0.000000 2,358 30 Jan 2024 Common Stock 629 $63.40 Direct 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 $98.07 to $98.67 per share. The weighted average price per share was $98.36. 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 $100.00 to $100.01 per share. The weighted average price per share was $100.00. 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.