Aaron C. von Staats - 15 Nov 2022 Form 4 Insider Report for PTC INC. (PTC)

Role
EVP, GC and Secretary
Signature
/s/Catherine Gorecki by power of attorney filed 11/2/2007
Issuer symbol
PTC
Transactions as of
15 Nov 2022
Net transactions value
-$1,623,723
Form type
4
Filing time
17 Nov 2022, 17:06:48 UTC
Previous filing
02 Aug 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 +27,118 +116% $0.000000 50,518 15 Nov 2022 Direct
transaction PTC Common Stock Award $0 +3,154 +6.2% $0.000000 53,672 15 Nov 2022 Direct F1
transaction PTC Common Stock Tax liability $1,623,723 -12,300 -23% $132.01 41,372 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 +5,923 $0.000000 5,923 15 Nov 2022 Common Stock 5,923 Direct F3, F4, F12
transaction PTC Restricted Stock Units Options Exercise $0 -5,923 -100% $0.000000* 0 15 Nov 2022 Common Stock 5,923 Direct F3, F4, F12
transaction PTC Restricted Stock Units Award $0 +3,940 $0.000000 3,940 15 Nov 2022 Common Stock 3,940 Direct F3, F5, F12
transaction PTC Restricted Stock Units Options Exercise $0 -3,940 -100% $0.000000* 0 15 Nov 2022 Common Stock 3,940 Direct F3, F5, F12
transaction PTC Restricked Stock Units Options Exercise $0 -3,940 -100% $0.000000* 0 15 Nov 2022 Common Stock 3,940 Direct F3, F6, F12
transaction PTC Restricted Stock Units Options Exercise $0 -3,124 -50% $0.000000 3,124 15 Nov 2022 Common Stock 3,124 Direct F3, F7, F12
transaction PTC Restricted Stock Units Options Exercise $0 -2,327 -60% $0.000000 1,562 15 Nov 2022 Common Stock 2,327 Direct F3, F8, F12
transaction PTC Restricted Stock Units Options Exercise $0 -2,395 -61% $0.000000 1,562 15 Nov 2022 Common Stock 2,395 Direct F3, F9, F12
transaction PTC Restricted Stock Units Options Exercise $0 -3,135 -33% $0.000000 6,268 15 Nov 2022 Common Stock 3,135 Direct F3, F10, F12
transaction PTC Restricted Stock Units Options Exercise $0 -2,334 -43% $0.000000 3,134 15 Nov 2022 Common Stock 2,334 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.