Troy Richardson - 15 Nov 2021 Form 4 Insider Report for PTC INC. (PTC)

Reporting relationship: COO, EVP Digital Thread
Issuer ticker: PTC
Reported as of: 15 Nov 2021
Net transaction value: -$1,356,325
SEC form: 4
Accepted by SEC: 17 Nov 2021, 19:27:23 UTC
Prior SEC filing: 26 Jul 2021
Next SEC filing: 18 Nov 2021
Source filing: View source filing
Reporting owner signature: /s/Catherine Gorecki by power of attorney filed 10/22/2020

Key filing fact

Troy Richardson filed Form 4 for PTC INC. (PTC) on 17 Nov 2021.

Key facts

This page summarizes Troy Richardson's Form 4 filing for PTC INC. (PTC).
7 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 17 Nov 2021, 19:27.

Change

Previous filing in this sequence was filed on 26 Jul 2021.
Current net transaction value: -$1,356,325.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PTC transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +22,755
Change %
Price: $0.000000
Shares after: 22,755
Date: 15 Nov 2021
Ownership: Direct

PTC transaction

Common Stock

Award

Transaction value: $0
Shares: +5,060
Change %: +22%
Price: $0.000000
Shares after: 27,815
Date: 15 Nov 2021
Ownership: Direct
Footnotes: F1

PTC transaction

Common Stock

Tax liability

Transaction value: $1,356,325
Shares: -11,298
Change %: -41%
Price: $120.05
Shares after: 16,517
Date: 15 Nov 2021
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PTC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -8,797
Change %: -33%
Price: $0.000000
Shares after: 17,593
Date: 15 Nov 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,797
Exercise price
Footnotes: F3, F4

PTC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -5,281
Change %: -33%
Price: $0.000000
Shares after: 10,561
Date: 15 Nov 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,281
Exercise price
Footnotes: F3, F5

PTC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -5,282
Change %: -50%
Price: $0.000000
Shares after: 5,280
Date: 15 Nov 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,282
Exercise price
Footnotes: F3, F6

PTC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -3,395
Change %: -39%
Price: $0.000000
Shares after: 5,280
Date: 15 Nov 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,395
Exercise price
Footnotes: F3, F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Shares earned under FY21 Corporate Incentive Plan.

Footnote F2

Tendered to Issuer to satisfy tax withholding obligations of the Reporting Person on the shares serviced.

Footnote F3

Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.

Footnote F4

RSUs granted on November 16, 2020 that vest in three substantially equal installments on November 15, 2021, 2022 and 2023.

Footnote F5

RSUs granted on November 17, 2020 that vest in three substantially equal installments on November 15, 2021, 2022 and 2023.

Footnote F6

Performance based RSUs granted on November 17, 2020 that vested on November 15, 2021.

Footnote F7

Performance based RSUs granted on November 17, 2020 that vested on November 15, 2021.