Kristian Talvitie - Nov 16, 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
Stock symbol
PTC
Transactions as of
Nov 16, 2021
Transactions value $
-$1,499,739
Form type
4
Date filed
11/18/2021, 05:44 PM
Previous filing
Nov 17, 2021
Next filing
Nov 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTC Common Stock Sale -$417K -3.49K -6.74% $119.49 48.2K Nov 16, 2021 Direct F1, F2
transaction PTC Common Stock Sale -$1.08M -9K -18.66% $120.41 39.2K Nov 16, 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 +6.79K $0.00 6.79K Nov 17, 2021 Common Stock 6.79K Direct F4, F5, F8
transaction PTC Restricted Stock Units Award $0 +6.79K $0.00 6.79K Nov 17, 2021 Common Stock 6.79K Direct F4, F6, F8
transaction PTC Restricted Stock Units Award $0 +13.6K $0.00 13.6K Nov 17, 2021 Common Stock 13.6K 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.