Neil Barua - 12 Jan 2024 Form 4 Insider Report for PTC INC. (PTC)

Role
CEO-Elect, Director
Signature
/s/Catherine Gorecki by power of attorney filed 07/19/2023
Issuer symbol
PTC
Transactions as of
12 Jan 2024
Net transactions value
-$453,324
Form type
4
Filing time
16 Jan 2024, 16:02:45 UTC
Previous filing
28 Nov 2023
Next filing
16 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTC Common Stock Options Exercise $0 +7,629 +53% $0.000000 22,080 12 Jan 2024 Direct
transaction PTC Common Stock Tax liability $453,324 -2,633 -12% $172.17 19,447 12 Jan 2024 Direct F1

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 Options Exercise $0 -7,629 -33% $0.000000 15,256 12 Jan 2024 Common Stock 7,629 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Tendered to Issuer to satisfy tax withholding obligations of the Reporting Person incurred in connection with the vesting of the Reporting Person's restricted stock unit awards.
F2 Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.
F3 RSUs granted on January 12, 2023 that vest in three substantially equal installments on January 12, 2024, 2025 and 2026.
F4 This amount represents the total number of derivative securities beneficially owned of the class shown.