Company: IPGP
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001111928-25-000023
Chunk: 168

Company: IPG PHOTONICS CORP
Filing Date: 2025-02-20
Form: 10-K
Item: Item 11
Chunk 168
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,758 Trevor NessSenior Vice President, Sales and Strategic Business Development2024494,106 — 1,928,590 245,200 10,350 2,678,246 2023477,100 — 1,311,831 90,649 9,900 1,889,480 Angelo LoprestiSenior Vice President, General Counsel and Secretary2024485,500 — 1,869,006 242,800 10,350 2,607,656 2023485,500 — 1,334,917 92,245 9,900 1,922,562 2022469,100 — 1,289,844 244,100 9,150 2,015,806 Igor SamartsevSenior Vice President, Chief Scientist2024424,200 — 489,822 127,200 9,363 1,050,585 Eugene Scherbakov Former Chief Executive Officer(5)(6)2024315,202 — 4,994,479 — 789,777 6,099,458 2023864,890 — 4,416,887 166,491 277,284 5,725,552 2022785,174 — 4,999,721 540,200 310,425 6,635,520 Alexander OvtchinnikovFormer Senior Vice President, Chief Technology Officer(7)2024371,873 — 1,944,416 — 122,114 2,438,403 2023481,000 — 1,322,718 91,390 9,900 1,905,008 2022464,700 — 1,277,805 241,800 9,150 1,993,455 

(1)During the periods in the table above, the Company granted PSUs and service-based RSUs, which are reflected in the Stock Awards column. The value of the PSUs is based on the probable outcome of the performance conditions (at the grant date), calculated in accordance with ASC Topic 718 disregarding forfeitures related to service-based vesting. For PSUs granted in 2024, the values of the award at the grant date assuming the highest level of performance conditions will be achieved are $4,999,