Michael Ditullio - 15 Nov 2021 Form 4 Insider Report for PTC INC. (PTC)

Role
EVP, Velocity
Signature
/s/Catherine Gorecki by power of attorney filed 02/19/2020
Issuer symbol
PTC
Transactions as of
15 Nov 2021
Net transactions value
-$2,470,869
Form type
4
Filing time
17 Nov 2021, 19:01:03 UTC
Previous filing
17 May 2021
Next filing
18 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTC Common Stock Options Exercise $0 +42,633 +113% $0.000000 80,254 15 Nov 2021 Direct
transaction PTC Common Stock Award $0 +3,937 +4.9% $0.000000 84,191 15 Nov 2021 Direct F1
transaction PTC Common Stock Tax liability $2,470,869 -20,582 -24% $120.05 63,609 15 Nov 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 +9,784 $0.000000 9,784 15 Nov 2021 Common Stock 9,784 Direct F3, F4
transaction PTC Restricted Stock Units Options Exercise $0 -9,784 -100% $0.000000* 0 15 Nov 2021 Common Stock 9,784 Direct F3, F4
transaction PTC Restricted Stock Units Options Exercise $0 -4,892 -100% $0.000000* 0 15 Nov 2021 Common Stock 4,892 Direct F3, F5
transaction PTC Restricted Stock Units Award $0 +4,031 $0.000000 4,031 15 Nov 2021 Common Stock 4,031 Direct F3, F6
transaction PTC Restricted Stock Units Options Exercise $0 -4,031 -100% $0.000000* 0 15 Nov 2021 Common Stock 4,031 Direct F3, F6
transaction PTC Restricted Stock Units Award $0 +4,419 $0.000000 4,419 15 Nov 2021 Common Stock 4,419 Direct F3, F7
transaction PTC Restricted Stock Units Options Exercise $0 -4,419 -100% $0.000000* 0 15 Nov 2021 Common Stock 4,419 Direct F3, F7
transaction PTC Restricted Stock Units Options Exercise $0 -5,549 -50% $0.000000 5,549 15 Nov 2021 Common Stock 5,549 Direct F3, F8
transaction PTC Restricted Stock Units Options Exercise $0 -5,281 -33% $0.000000 10,561 15 Nov 2021 Common Stock 5,281 Direct F3, F9
transaction PTC Restricted Stock Units Options Exercise $0 -5,282 -50% $0.000000 5,280 15 Nov 2021 Common Stock 5,282 Direct F3, F10
transaction PTC Restricted Stock Units Options Exercise $0 -3,395 -39% $0.000000 5,280 15 Nov 2021 Common Stock 3,395 Direct F3, F11
* 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 on November 15, 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 RSUs granted on November 17, 2020 that vest in three substantially equal installments on November 15, 2021, 2022 and 2023.
F10 Performance based RSUs granted on November 17, 2020 that could be earned for FY21 that were earned and vested on November 15, 2021.
F11 Performance based RSUs granted on November 17, 2020 that could be earned for FY21 that were earned and vested on November 15, 2021.