Valentin Gapontsev Trust I - 24 Mar 2023 Form 4 Insider Report for IPG PHOTONICS CORP (IPGP)

Role
10%+ Owner
Signature
/s/ Angelo P. Lopresti, Attorney-in-Fact
Issuer symbol
IPGP
Transactions as of
24 Mar 2023
Net transactions value
-$953,732
Form type
4
Filing time
27 Mar 2023, 16:28:24 UTC
Previous filing
10 Mar 2023
Next filing
11 Apr 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 $648,967 -5,629 -0.08% $115.29 7,372,470 24 Mar 2023 Direct F1, F2
transaction IPGP Common Stock Sale $294,952 -2,537 -0.03% $116.26 7,369,933 24 Mar 2023 Direct F1, F3
transaction IPGP Common Stock Sale $9,813 -84 -0% $116.82 7,369,849 24 Mar 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 $114.74 to $115.72 per share. The weighted average price per share was $115.29. 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 $115.74 to $116.71 per share. The weighted average price per share was $116.26. 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 $116.77 to $116.82 per share. The weighted average price per share was $116.82. 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.