Michael Ditullio - Jun 16, 2023 Form 4 Insider Report for PTC INC. (PTC)

Signature
/s/Catherine Gorecki by power of attorney filed 05/08/2023
Stock symbol
PTC
Transactions as of
Jun 16, 2023
Transactions value $
-$430,416
Form type
4
Date filed
6/16/2023, 04:05 PM
Previous filing
May 22, 2023
Next filing
Sep 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTC Common Stock Sale -$373K -2.6K -4.09% $143.31 61.1K Jun 16, 2023 Direct F1, F2
transaction PTC Common Stock Sale -$57.2K -396 -0.65% $144.56 60.7K Jun 16, 2023 Direct F1
* 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 9, 2022.
F2 This transaction was executed in multiple trades at prices ranging from $142.85 to $143.69. 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.