Michael Ditullio - May 15, 2023 Form 4 Insider Report for PTC INC. (PTC)

Role
President and COO
Signature
s/Sean McGrath by power of attorney filed 5/8/2023
Stock symbol
PTC
Transactions as of
May 15, 2023
Transactions value $
-$240,504
Form type
4
Date filed
5/16/2023, 04:03 PM
Previous filing
May 1, 2023
Next filing
May 22, 2023
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 +4.83K +7.89% $0.00 66.1K May 15, 2023 Direct
transaction PTC Common Stock Options Exercise $0 +1.43K +2.16% $0.00 67.5K May 15, 2023 Direct
transaction PTC Common Stock Tax liability -$241K -1.84K -2.72% $130.78 65.7K May 15, 2023 Direct F1

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 Options Exercise $0 -4.83K -100% $0.00* 0 May 15, 2023 Common Stock 4.83K Direct F2, F3, F5
transaction PTC Restricted Stock Units Options Exercise $0 -1.43K -33.33% $0.00 2.86K May 15, 2023 Common Stock 1.43K Direct F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Tendered to Issuer to satisfy tax withholding obligations of the Reporting Person incurred in connection with the vesting of the Reporting Person's restricted stock unit awards.
F2 Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.
F3 RSUs granted on May 18, 2020 that vested on May 15, 2023.
F4 RSUs granted on May 31, 2022 that vest in three substantially equal installments on May 15, 2023, 2024 and 2025.
F5 This amount represents the total number of derivative securities beneficially owned of the class shown.