Michael Ditullio - Nov 15, 2023 Form 4 Insider Report for PTC INC. (PTC)

Role
President and COO
Signature
/s/Catherine Gorecki by power of attorney filed 05/08/2023
Stock symbol
PTC
Transactions as of
Nov 15, 2023
Transactions value $
$0
Form type
4
Date filed
11/17/2023, 04:13 PM
Previous filing
Sep 18, 2023
Next filing
Nov 17, 2023

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 +7.27K $0.00 7.27K Nov 15, 2023 Common Stock 7.27K Direct F1, F2, F5
transaction PTC Restricted Stock Units Award $0 +7.27K $0.00 7.27K Nov 15, 2023 Common Stock 7.27K Direct F1, F3, F5
transaction PTC Restricted Stock Units Award $0 +14.5K $0.00 14.5K Nov 15, 2023 Common Stock 14.5K Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.
F2 Performance based RSUs granted on November 15, 2023 that vest to the extent earned in three substantially equal installments on November 15, 2024, 2025 and 2026.
F3 Performance based RSUs granted on November 15, 2023 that vest to the extent earned in one installment on November 15, 2026.
F4 RSUs granted on November 15, 2023 that vest in three substantially equal installments on November 15, 2024, 2025 and 2026.
F5 This amount represents the total number of derivative securities beneficially owned of the class shown.