Insider Trades - SHINER WILLIAM H

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SHINER WILLIAM H: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
IPG Photonics Corporation Officer NasdaqGS:IPGP (historical quotes, profile, other insiders)	13-Nov-09	58,675	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
13-Nov-09 33,335 IPGP Option Exercise at $1.50 - $6.45 per share.
13-Nov-09 16,850 IPGP Sale at $15.35 per share.
(Proceeds of $258,647)
11-Nov-09 2,467 IPGP Sale at $15.94 per share.
(Proceeds of $39,323)
10-Nov-08 30,000 IPGP Acquisition (Non Open Market) at $0 per share.

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
13-Nov-09	33,335	IPGP	Option Exercise at $1.50 - $6.45 per share.
13-Nov-09	16,850	IPGP	Sale at $15.35 per share. (Proceeds of $258,647)
11-Nov-09	2,467	IPGP	Sale at $15.94 per share. (Proceeds of $39,323)
10-Nov-08	30,000	IPGP	Acquisition (Non Open Market) at $0 per share.