JAMES E. HEPPELMANN - 15 Nov 2021 Form 4 Insider Report for PTC INC. (PTC)

Role
President and CEO, Director
Signature
/s/Catherine Gorecki by power of attorney filed 11/2/2007
Issuer symbol
PTC
Transactions as of
15 Nov 2021
Transactions value $
-$16,054,527
Form type
4
Filing time
17 Nov 2021, 18:51:42 UTC
Previous filing
04 Aug 2021
Next filing
18 Nov 2021
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 +295,077 +44.78% $0 953,981 15 Nov 2021 Direct
transaction PTC Common Stock Award $0 +9,263 +0.97% $0 963,244 15 Nov 2021 Direct F1
transaction PTC Common Stock Tax liability -$16,054,526 -133,732 -13.88% $120.05 829,512 15 Nov 2021 Direct F2

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 +36,006 $0 36,006 15 Nov 2021 Common Stock 36,006 Direct F3, F4, F13
transaction PTC Restricted Stock Units Options Exercise $0 -36,006 -100% $0* 0 15 Nov 2021 Common Stock 36,006 Direct F3, F4, F13
transaction PTC Restricted Stock Units Options Exercise $0 -18,003 -100% $0* 0 15 Nov 2021 Common Stock 18,003 Direct F3, F5, F13
transaction PTC Restricted Stock Units Award $0 +14,834 $0 14,834 15 Nov 2021 Common Stock 14,834 Direct F3, F6, F13
transaction PTC Restricted Stock Units Options Exercise $0 -14,834 -100% $0* 0 15 Nov 2021 Common Stock 14,834 Direct F3, F6, F13
transaction PTC Restricted Stock Units Award $0 +16,262 $0 16,262 15 Nov 2021 Common Stock 16,262 Direct F3, F7, F13
transaction PTC Restricted Stock Units Options Exercise $0 -16,262 -100% $0* 0 15 Nov 2021 Common Stock 16,262 Direct F3, F7, F13
transaction PTC Restricted Stock Units Options Exercise $0 -20,422 -50% $0 20,422 15 Nov 2021 Common Stock 20,422 Direct F3, F8, F13
transaction PTC Restricted Stock Units Award $0 +143,027 $0 143,027 15 Nov 2021 Common Stock 143,027 Direct F3, F9, F13
transaction PTC Restricted Stock Units Options Exercise $0 -143,027 -100% $0* 0 15 Nov 2021 Common Stock 143,027 Direct F3, F9, F13
transaction PTC Restricted Stock Units Options Exercise $0 -17,603 -33.33% $0 35,206 15 Nov 2021 Common Stock 17,603 Direct F3, F10, F13
transaction PTC Restricted Stock Units Options Exercise $0 -17,604 -50% $0 17,602 15 Nov 2021 Common Stock 17,604 Direct F3, F11, F13
transaction PTC Restricted Stock Units Options Exercise $0 -11,316 -39.13% $0 17,602 15 Nov 2021 Common Stock 11,316 Direct F3, F12, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares earned under FY21 Corporate Incentive Plan.
F2 Tendered to Issuer to satisfy tax withholding obligations of the Reporting Person on the shares serviced.
F3 Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.
F4 Performance-based RSUs granted on November 14, 2018 that could be earned for FY21 that were earned and vested on November 15, 2021.
F5 RSUs granted on November 14, 2018 that vested in three substantially equal installments on November 15, 2019, 2020 and 2021.
F6 Performance based RSUs granted on November 21, 2019 that could be earned for FY21 that were earned and vested on November 15, 2021.
F7 Performance based RSUs granted on November 21, 2019 that could be earned for FY21 that were earned and vested on November 15, 2021.
F8 RSUs granted on November 21, 2019 that vest in three substantially equal installments on November 15, 2020, 2021 and 2022.
F9 Performance-based RSUs granted on September 24, 2020 that could be earned for FY21 that were earned and vested on November 15, 2021.
F10 RSUs granted on November 17, 2020 that vest in three substantially equal installments on November 15, 2021, 2022 and 2023.
F11 Performance based RSUs granted on November 17, 2020 that vested on November 15, 2021.
F12 Performance based RSUs granted on November 17, 2020 that vested on November 15, 2021.
F13 This amount represents the total number of derivative securities beneficially owned of the class shown.