Michael Ditullio - 15 Nov 2022 Form 4 Insider Report for PTC INC. (PTC)

Role
President, Digital Thread
Signature
/s/Catherine Gorecki by power of attorney filed 02/19/2020
Issuer symbol
PTC
Transactions as of
15 Nov 2022
Net transactions value
-$2,495,517
Form type
4
Filing time
17 Nov 2022, 17:02:09 UTC
Previous filing
01 Jun 2022
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 Options Exercise $0 +39,384 +59% $0.000000 106,609 15 Nov 2022 Direct
transaction PTC Common Stock Award $0 +4,420 +4.1% $0.000000 111,029 15 Nov 2022 Direct F1
transaction PTC Common Stock Tax liability $2,495,517 -18,904 -17% $132.01 92,125 15 Nov 2022 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 +8,341 $0.000000 8,341 15 Nov 2022 Common Stock 8,341 Direct F3, F4, F12
transaction PTC Restricted Stock Units Options Exercise $0 -8,341 -100% $0.000000* 0 15 Nov 2022 Common Stock 8,341 Direct F3, F4, F12
transaction PTC Restricted Stock Units Award $0 +5,548 $0.000000 5,548 15 Nov 2022 Common Stock 5,548 Direct F3, F5, F12
transaction PTC Restricted Stock Units Options Exercise $0 -5,548 -100% $0.000000* 0 15 Nov 2022 Common Stock 5,548 Direct F3, F5, F12
transaction PTC Restricted Stock Units Options Exercise $0 -5,549 -100% $0.000000* 0 15 Nov 2022 Common Stock 5,549 Direct F3, F6, F12
transaction PTC Restricted Stock Units Options Exercise $0 -5,281 -50% $0.000000 5,280 15 Nov 2022 Common Stock 5,281 Direct F3, F7, F12
transaction PTC Restricted Stock Units Options Exercise $0 -3,933 -60% $0.000000 2,640 15 Nov 2022 Common Stock 3,933 Direct F3, F8, F12
transaction PTC Restricted Stock Units Options Exercise $0 -4,047 -61% $0.000000 2,640 15 Nov 2022 Common Stock 4,047 Direct F3, F9, F12
transaction PTC Restricted Stock Units Options Exercise $0 -3,831 -33% $0.000000 7,661 15 Nov 2022 Common Stock 3,831 Direct F3, F10, F12
transaction PTC Restricted Stock Units Options Exercise $0 -2,854 -43% $0.000000 3,830 15 Nov 2022 Common Stock 2,854 Direct F3, F11, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares earned under FY22 Corporate Incentive Plan.
F2 Tendered to Issuer to satisfy tax withholding obligations of the Reporting Person incurred in connection with the vesting of the Reporting Person's restricted stock unit awards.
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 21, 2019 that could be earned for FY22 that were earned and vested on November 15, 2022.
F5 Performance based RSUs granted on November 21, 2019 that could be earned for FY22 that were earned and vested on November 15, 2022.
F6 RSUs granted on November 21, 2019 that vested on November 15, 2022.
F7 RSUs granted on November 17, 2020 that vest in three substantially equal installments on November 15, 2021, 2022 and 2023.
F8 Performance based RSUs granted on November 17, 2020 that could be earned for FY22 that were earned and vested on November 15, 2022.
F9 Performance based RSUs granted on November 17, 2020 that could be earned for FY22 that were earned and vested on November 15, 2022.
F10 RSUs granted on November 17, 2021 that vest in three substantially equal installments on November 15, 2022, 2023 and 2024.
F11 Performance based RSUs granted on November 17, 2021 that could be earned for FY22 that were earned and vested on November 15, 2022.
F12 This amount represents the total number of derivative securities beneficially owned of the class shown.