Blake D. Moret - May 11, 2023 Form 4 Insider Report for PTC INC. (PTC)

Role
Director
Signature
/s/Sean McGrath by power of attorney filed 1/5/2023
Stock symbol
PTC
Transactions as of
May 11, 2023
Transactions value $
-$2,612,014
Form type
4
Date filed
5/12/2023, 04:02 PM
Previous filing
May 11, 2023
Next filing
May 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTC Common Stock Sale -$2.56M -19.8K -0.3% $129.26 6.55M May 11, 2023 By Rockwell Automation F1, F2, F3
transaction PTC Common Stock Sale -$53.1K -408 -0.01% $130.20 6.55M May 11, 2023 By Rockwell Automation F1, F3
holding PTC Common Stock 14.9K May 11, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares sold pursuant to a pre-established 10b5-1(c) trading plan adopted on December 8, 2022.
F2 This transaction was executed in multiple trades at prices ranging from $128.6999 to $129.58. 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 These securities are held indirectly by Rockwell Automation, Inc. ("Rockwell Automation"). Mr. Moret is the Chief Executive Officer and Chairman of the Board of Directors of Rockwell Automation and, in these capacities, may be deemed to share voting and dispositive power with respect to the securities held by Rockwell Automation. Mr. Moret disclaims beneficial ownership of the securities held by Rockwell Automation, and the inclusion of these securities in this report shall not be deemed an admission by Mr. Moret of beneficial ownership of the reported securities for any purpose.