Troy Richardson - 15 Nov 2021 Form 4 Insider Report for PTC INC. (PTC)

Role
COO, EVP Digital Thread
Signature
/s/Catherine Gorecki by power of attorney filed 10/22/2020
Issuer symbol
PTC
Transactions as of
15 Nov 2021
Net transactions value
-$1,356,325
Form type
4
Filing time
17 Nov 2021, 19:27:23 UTC
Previous filing
26 Jul 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 +22,755 $0.000000 22,755 15 Nov 2021 Direct
transaction PTC Common Stock Award $0 +5,060 +22% $0.000000 27,815 15 Nov 2021 Direct F1
transaction PTC Common Stock Tax liability $1,356,325 -11,298 -41% $120.05 16,517 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 Options Exercise $0 -8,797 -33% $0.000000 17,593 15 Nov 2021 Common Stock 8,797 Direct F3, F4
transaction PTC Restricted Stock Units Options Exercise $0 -5,281 -33% $0.000000 10,561 15 Nov 2021 Common Stock 5,281 Direct F3, F5
transaction PTC Restricted Stock Units Options Exercise $0 -5,282 -50% $0.000000 5,280 15 Nov 2021 Common Stock 5,282 Direct F3, F6
transaction PTC Restricted Stock Units Options Exercise $0 -3,395 -39% $0.000000 5,280 15 Nov 2021 Common Stock 3,395 Direct F3, F7
* 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 RSUs granted on November 16, 2020 that vest in three substantially equal installments on November 15, 2021, 2022 and 2023.
F5 RSUs granted on November 17, 2020 that vest in three substantially equal installments on November 15, 2021, 2022 and 2023.
F6 Performance based RSUs granted on November 17, 2020 that vested on November 15, 2021.
F7 Performance based RSUs granted on November 17, 2020 that vested on November 15, 2021.