Paul A. Lacy - 27 Jul 2023 Form 4 Insider Report for PTC INC. (PTC)

Role
Director
Signature
/s/Catherine Gorecki by power of attorney filed 12/1/2009
Issuer symbol
PTC
Transactions as of
27 Jul 2023
Net transactions value
-$376,209
Form type
4
Filing time
28 Jul 2023, 16:05:58 UTC
Previous filing
13 Jul 2023
Next filing
16 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTC Common Stock Sale $345,791 -2,300 -11% $150.34 19,336 27 Jul 2023 Direct F1, F2
transaction PTC Common Stock Sale $30,418 -200 -1% $152.09 19,136 27 Jul 2023 Direct F1
holding PTC Common Stock 42,000 27 Jul 2023 By Trust
* 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 February 22, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $150.00 to $150.99. 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.