Troy Richardson - 17 Nov 2021 Form 4 Insider Report for PTC INC. (PTC)

Reporting relationship: EVP, Digital Thread
Issuer ticker: PTC
Reported as of: 17 Nov 2021
Net transaction value: $0
SEC form: 4
Accepted by SEC: 18 Nov 2021, 17:47:32 UTC
Prior SEC filing: 17 Nov 2021
Next SEC filing: 28 Feb 2022
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 18 Nov 2021.

Key facts

This page summarizes Troy Richardson's Form 4 filing for PTC INC. (PTC).
3 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 18 Nov 2021, 17:47.

Change

Previous filing in this sequence was filed on 17 Nov 2021.
Current net transaction value: $0.

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 derivative securities

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

PTC transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +8,358
Change %
Price: $0.000000
Shares after: 8,358
Date: 17 Nov 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,358
Exercise price
Footnotes: F1, F2, F5

PTC transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +8,358
Change %
Price: $0.000000
Shares after: 8,358
Date: 17 Nov 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,358
Exercise price
Footnotes: F1, F3, F5

PTC transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +16,716
Change %
Price: $0.000000
Shares after: 16,716
Date: 17 Nov 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 16,716
Exercise price
Footnotes: F1, F4, F5

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

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

Footnote F2

Target performance-based RSUs that can be earned to the extent the cash flow performance-measure is met for each of the three performance periods. RSUs earned are eligible to vest in three substantially equal installments on November 15, 2022, 2023 and 2024.

Footnote F3

Target performance-based RSUs that can be earned to the extent the rTSR performance measure is met for FY24. RSUs earned will vest on November 15, 2024.

Footnote F4

Service-based RSUs that vest in three substantially equal installments on November 15, 2022, 2023 and 2024.

Footnote F5

This amount represents the total number of derivative securities beneficially owned of the class shown.