Kristian Talvitie - 16 Nov 2021 Form 4 Insider Report for PTC INC. (PTC)

Role: EVP, Chief Financial Officer
Signature: /s/Catherine Gorecki by power of attorney filed 05/16/2019
Issuer symbol: PTC
Transactions as of: 16 Nov 2021
Net transactions value: -$1,499,739
Form type: 4
Filing time: 18 Nov 2021, 17:44:47 UTC
Previous filing: 17 Nov 2021
Next filing: 17 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PTC	Common Stock	Sale	$416,536	-3,486	-6.7%	$119.49	48,201	16 Nov 2021	Direct	F1, F2
transaction	PTC	Common Stock	Sale	$1,083,203	-8,996	-19%	$120.41	39,205	16 Nov 2021	Direct	F1, F3

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	+6,791		$0.000000	6,791	17 Nov 2021	Common Stock	6,791		Direct	F4, F5, F8
transaction	PTC	Restricted Stock Units	Award	$0	+6,791		$0.000000	6,791	17 Nov 2021	Common Stock	6,791		Direct	F4, F6, F8
transaction	PTC	Restricted Stock Units	Award	$0	+13,582		$0.000000	13,582	17 Nov 2021	Common Stock	13,582		Direct	F4, F7, F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares sold pursuant to a pre-established 10b5-1(c) trading plan.
F2	This transaction was executed in multiple trades at prices ranging from $118.97 to $119.96. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3	This transaction was executed in multiple trades at prices ranging from $119.98 to $120.61. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4	Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.
F5	Target performance-based RSUs that can be earned to the extent the cash flow performance-measure is met for each of the three performance periods. RSUs earned are eligible to vest in three substantially equal installments on November 15, 2022, 2023 and 2024.
F6	Target performance-based RSUs that can be earned to the extent the rTSR performance measure is met for FY24. RSUs earned will vest on November 15, 2024.
F7	Service-based RSUs that vest in three substantially equal installments on November 15, 2022, 2023 and 2024.
F8	This amount represents the total number of derivative securities beneficially owned of the class shown.