Company: IPGP
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0001111928-25-000054
Chunk: 64

Company: IPG PHOTONICS CORP
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 64
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 |   |                              |     |  2,100,000 |   |
| Common stock outstanding                          |     |                      |     | 42,729,426 |   |                              |     | 42,729,426 |   |
| Overhang under all plans                          |     |                      |     |       7.11 | % |                              |     |       9.46 | % |

#### Plan Summary
The following discussion of the principal features of the 2025 Plan is qualified in its entirety by reference to the full text of the 2025 Plan as set forth in Appendix A attached hereto. The 2025 Plan will become effective at the 2025 annual meeting of stockholders only if it is approved by the Company’s stockholders at the 2025 annual meeting of stockholders.

Shares Subject to the 2025 Plan. If the 2025 Plan is approved by stockholders, the aggregate number of shares that would be authorized for issuance under the 2025 Plan would be 2,100,000 shares, less one share of common stock for every share of Common Stock subject to an award granted under the 2006 Plan after March 10, 2025. The shares may, at the election of the Company, be authorized but unissued shares, shares of issued stock held in the Company’s treasury, or a combination of each. Based solely on the closing price of our common stock as reported by Nasdaq on March 10, 2025 and the maximum number of shares that would have been available for awards as of such date under the 2025 Plan, the maximum aggregate market value of the common stock that could potentially be issued under the 2025 Plan is $129,171,000.

55

Proposal 3: Approval of the 2025 Incentive Compensation Plan

Generally, any shares underlying an award under the 2006 Plan and 2025 Plan that expire without being exercised, or are forfeited, canceled or otherwise terminated without a distribution to a participant of shares, cash, or other benefit in lieu of shares or that are withheld by, or otherwise remitted to, the Company to satisfy a Participant's tax withholding obligations with respect to awards other than stock options or stock appreciation rights, will again be available for issuance under the 2025 Plan. Notwithstanding the foregoing, the following shares may not be recycled into the 2025 Plan and again become available for issuance: (i) shares tendered to pay the exercise price