James E. Heppelmann - Nov 15, 2022 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
Stock symbol
PTC
Transactions as of
Nov 15, 2022
Transactions value $
-$17,213,708
Form type
4
Date filed
11/17/2022, 05:03 PM
Previous filing
Aug 2, 2022
Next filing
Nov 17, 2022
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 +284K +35.53% $0.00 1.08M Nov 15, 2022 Direct
transaction PTC Common Stock Award $0 +12.5K +1.15% $0.00 1.1M Nov 15, 2022 Direct F1
transaction PTC Common Stock Tax liability -$17.2M -130K -11.9% $132.01 966K Nov 15, 2022 Direct F2
transaction PTC Common Stock Gift $0 -750 -0.08% $0.00 965K Nov 16, 2022 Direct F3

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 +30.7K $0.00 30.7K Nov 15, 2022 Common Stock 30.7K Direct F4, F5, F14
transaction PTC Restricted Stock Units Options Exercise $0 -30.7K -100% $0.00* 0 Nov 15, 2022 Common Stock 30.7K Direct F4, F5, F14
transaction PTC Restricted Stock Units Award $0 +20.4K $0.00 20.4K Nov 15, 2022 Common Stock 20.4K Direct F4, F6, F14
transaction PTC Restricted Stock Units Options Exercise $0 -20.4K -100% $0.00* 0 Nov 15, 2022 Common Stock 20.4K Direct F4, F6, F14
transaction PTC Restricted Stock Units Options Exercise $0 -20.4K -100% $0.00* 0 Nov 15, 2022 Common Stock 20.4K Direct F4, F7, F14
transaction PTC Restricted Stock Units Award $0 +144K $0.00 144K Nov 15, 2022 Common Stock 144K Direct F4, F8, F14
transaction PTC Restricted Stock Units Options Exercise $0 -144K -100% $0.00* 0 Nov 15, 2022 Common Stock 144K Direct F4, F8, F14
transaction PTC Restricted Stock Units Options Exercise $0 -17.6K -50% $0.00 17.6K Nov 15, 2022 Common Stock 17.6K Direct F4, F9, F14
transaction PTC Restricted Stock Units Options Exercise $0 -13.9K -33.33% $0.00 27.9K Nov 15, 2022 Common Stock 13.9K Direct F4, F10, F14
transaction PTC Restricted Stock Units Options Exercise $0 -13.1K -59.84% $0.00 8.8K Nov 15, 2022 Common Stock 13.1K Direct F4, F11, F14
transaction PTC Restricted Stock Units Options Exercise $0 -13.5K -60.52% $0.00 8.8K Nov 15, 2022 Common Stock 13.5K Direct F4, F12, F14
transaction PTC Restricted Stock Units Options Exercise $0 -10.4K -42.7% $0.00 13.9K Nov 15, 2022 Common Stock 10.4K Direct F4, F13, F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares earned under FY22 Corporate Incentive Plan.
F2 Tendered to Issuer to satisfy tax withholding obligations of the Reporting Person on the shares released.
F3 Gift to the Renaissance Charitable Foundation, Inc.
F4 Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.
F5 Performance based RSUs granted on November 21, 2019 that could be earned for FY22 that were earned and vested on November 15, 2022.
F6 Performance based RSUs granted on November 21, 2019 that could be earned for FY22 that were earned and vested on November 15, 2022.
F7 RSUs granted on November 21, 2019 that vested on November 15, 2022.
F8 Performance-based RSUs granted on September 24, 2020 that could be earned for FY22 that earned and vested on November 15, 2022.
F9 RSUs granted on November 17, 2020 that vest in three substantially equal installments on November 15, 2021, 2022 and 2023.
F10 RSUs granted on November 17, 2021 that vest in three substantially equal installments on November 15, 2022, 2023 and 2024.
F11 Performance based RSUs granted on November 17, 2020 that could be earned for FY22 that were earned and vested on November 15, 2022.
F12 Performance based RSUs granted on November 17, 2020 that could be earned for FY22 that were earned and vested on November 15, 2022.
F13 Performance based RSUs granted on November 17, 2021 that could be earned for FY22 that were earned and vested on November 15, 2022..
F14 This amount represents the total number of derivative securities beneficially owned of the class shown.