Effect
Once while face-up on the field: You can target 1 "Gimmick Puppet" monster on the field; destroy it. When this card is sent from the field to the GY: You can Special Summon 1 or 2 "Gimmick Puppet" monsters from your hand.
The monster effect "①: Once while this card is face-up on the field, you can target 1 'Gimmick Puppet' monster on the field; destroy that monster" is an Ignition Effect.
The monster effect "destroy that monster" is an effect that targets 1 face-up "Gimmick Puppet" monster in your Monster Zone or 1 face-up "Gimmick Puppet" monster in your opponent's Monster Zone. (You can also target "Gimmick Puppet Humpty Dumpty" itself.)
The monster effect "You can activate this effect when this card is sent from the field to the GY: You can Special Summon up to 2 'Gimmick Puppet' monsters from your hand" is a Trigger Effect that can be activated in the GY. (It can also be activated during the Damage Step.)
The monster effect "You can Special Summon up to 2 'Gimmick Puppet' monsters from your hand" does not target. (You choose 1 or 2 "Gimmick Puppet" monsters to Special Summon from your hand when the effect resolves.)
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