James E. Heppelmann - Nov 15, 2021 Form 4 Insider Report for PTC INC. (PTC)

Role
President and CEO, Director
Signature
/s/Catherine Gorecki by power of attorney filed 11/2/2007
Stock symbol
PTC
Transactions as of
Nov 15, 2021
Transactions value $
-$16,054,527
Form type
4
Date filed
11/17/2021, 06:51 PM
Previous filing
Aug 4, 2021
Next filing
Nov 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTC Common Stock Options Exercise $0 +295K +44.78% $0.00 954K Nov 15, 2021 Direct
transaction PTC Common Stock Award $0 +9.26K +0.97% $0.00 963K Nov 15, 2021 Direct F1
transaction PTC Common Stock Tax liability -$16.1M -134K -13.88% $120.05 830K Nov 15, 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PTC Restricted Stock Units Award $0 +36K $0.00 36K Nov 15, 2021 Common Stock 36K Direct F3, F4, F13
transaction PTC Restricted Stock Units Options Exercise $0 -36K -100% $0.00* 0 Nov 15, 2021 Common Stock 36K Direct F3, F4, F13
transaction PTC Restricted Stock Units Options Exercise $0 -18K -100% $0.00* 0 Nov 15, 2021 Common Stock 18K Direct F3, F5, F13
transaction PTC Restricted Stock Units Award $0 +14.8K $0.00 14.8K Nov 15, 2021 Common Stock 14.8K Direct F3, F6, F13
transaction PTC Restricted Stock Units Options Exercise $0 -14.8K -100% $0.00* 0 Nov 15, 2021 Common Stock 14.8K Direct F3, F6, F13
transaction PTC Restricted Stock Units Award $0 +16.3K $0.00 16.3K Nov 15, 2021 Common Stock 16.3K Direct F3, F7, F13
transaction PTC Restricted Stock Units Options Exercise $0 -16.3K -100% $0.00* 0 Nov 15, 2021 Common Stock 16.3K Direct F3, F7, F13
transaction PTC Restricted Stock Units Options Exercise $0 -20.4K -50% $0.00 20.4K Nov 15, 2021 Common Stock 20.4K Direct F3, F8, F13
transaction PTC Restricted Stock Units Award $0 +143K $0.00 143K Nov 15, 2021 Common Stock 143K Direct F3, F9, F13
transaction PTC Restricted Stock Units Options Exercise $0 -143K -100% $0.00* 0 Nov 15, 2021 Common Stock 143K Direct F3, F9, F13
transaction PTC Restricted Stock Units Options Exercise $0 -17.6K -33.33% $0.00 35.2K Nov 15, 2021 Common Stock 17.6K Direct F3, F10, F13
transaction PTC Restricted Stock Units Options Exercise $0 -17.6K -50% $0.00 17.6K Nov 15, 2021 Common Stock 17.6K Direct F3, F11, F13
transaction PTC Restricted Stock Units Options Exercise $0 -11.3K -39.13% $0.00 17.6K Nov 15, 2021 Common Stock 11.3K Direct F3, F12, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares earned under FY21 Corporate Incentive Plan.
F2 Tendered to Issuer to satisfy tax withholding obligations of the Reporting Person on the shares serviced.
F3 Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.
F4 Performance-based RSUs granted on November 14, 2018 that could be earned for FY21 that were earned and vested on November 15, 2021.
F5 RSUs granted on November 14, 2018 that vested in three substantially equal installments on November 15, 2019, 2020 and 2021.
F6 Performance based RSUs granted on November 21, 2019 that could be earned for FY21 that were earned and vested on November 15, 2021.
F7 Performance based RSUs granted on November 21, 2019 that could be earned for FY21 that were earned and vested on November 15, 2021.
F8 RSUs granted on November 21, 2019 that vest in three substantially equal installments on November 15, 2020, 2021 and 2022.
F9 Performance-based RSUs granted on September 24, 2020 that could be earned for FY21 that were earned and vested on November 15, 2021.
F10 RSUs granted on November 17, 2020 that vest in three substantially equal installments on November 15, 2021, 2022 and 2023.
F11 Performance based RSUs granted on November 17, 2020 that vested on November 15, 2021.
F12 Performance based RSUs granted on November 17, 2020 that vested on November 15, 2021.
F13 This amount represents the total number of derivative securities beneficially owned of the class shown.