JAMES E. HEPPELMANN - 16 Nov 2022 Form 4 Insider Report for PTC INC. (PTC)

Role
President and CEO, Director
Signature
/s/Catherine Gorecki by power of attorney filed 11/2/2007
Issuer symbol
PTC
Transactions as of
16 Nov 2022
Net transactions value
-$4,457,770
Form type
4
Filing time
17 Nov 2022, 17:07:55 UTC
Previous filing
17 Nov 2022
Next filing
09 Dec 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 $4,058,962 -31,199 -3.2% $130.10 933,718 16 Nov 2022 Direct F1, F2
transaction PTC Common Stock Sale $398,808 -3,051 -0.33% $130.71 930,667 16 Nov 2022 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 +19,255 $0.000000 19,255 16 Nov 2022 Common Stock 19,255 Direct F4, F5, F8
transaction PTC Restricted Stock Units Award $0 +19,255 $0.000000 19,255 16 Nov 2022 Common Stock 19,255 Direct F4, F6, F8
transaction PTC Restricted Stock Units Award $0 +38,511 $0.000000 38,511 16 Nov 2022 Common Stock 38,511 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 $129.58 to $130.58. 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 $130.5925 to $130.815. 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 Performance based RSUs granted on November 16, 2022 that vest in three substantially equal installments on November 15, 2023, 2024 and 2025.
F6 Performance based RSUs granted on November 16, 2022 that vest in one installment on November 15, 2025.
F7 RSUs granted on November 16, 2022 that vest in three substantially equal installments on November 15, 2023, 2024 and 2025.
F8 This amount represents the total number of derivative securities beneficially owned of the class shown.