James E. Heppelmann - Feb 5, 2024 Form 4 Insider Report for PTC INC. (PTC)

Role
CEO, Director
Signature
/s/Catherine Gorecki by power of attorney filed 11/2/2007
Stock symbol
PTC
Transactions as of
Feb 5, 2024
Transactions value $
-$6,203,355
Form type
4
Date filed
2/6/2024, 04:03 PM
Previous filing
Nov 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTC Common Stock Sale -$2.32M -13.1K -1.31% $176.78 990K Feb 5, 2024 Direct F1, F2
transaction PTC Common Stock Sale -$3.78M -21.3K -2.15% $177.49 969K Feb 5, 2024 Direct F1, F3
transaction PTC Common Stock Sale -$107K -598 -0.06% $178.37 968K Feb 5, 2024 Direct F1, F4
* 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 August 7, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $176.14 to $177.135. 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 This transaction was executed in multiple trades at prices ranging from $177.14 to $178.1. 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.
F4 This transaction was executed in multiple trades at prices ranging from $178.145 to $178.59. 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.