Catherine Kniker - 15 Nov 2023 Form 4 Insider Report for PTC INC. (PTC)

Role
Chief Strategy Officer
Signature
/s/Catherine Gorecki by power of attorney filed 2/10/2022
Issuer symbol
PTC
Transactions as of
15 Nov 2023
Net transactions value
-$666,825
Form type
4
Filing time
17 Nov 2023, 16:03:32 UTC
Previous filing
16 Jun 2023
Next filing
28 Nov 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 +9,905 +89% $0.000000 20,982 15 Nov 2023 Direct
transaction PTC Common Stock Tax liability $666,825 -4,311 -21% $154.68 16,671 15 Nov 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 -1,760 -100% $0.000000* 0 15 Nov 2023 Common Stock 1,760 Direct F2, F3, F8
transaction PTC Restricted Stock Units Options Exercise $0 -2,089 -50% $0.000000 2,089 15 Nov 2023 Common Stock 2,089 Direct F2, F4, F8
transaction PTC Restricted Stock Units Options Exercise $0 -1,640 -61% $0.000000 1,044 15 Nov 2023 Common Stock 1,640 Direct F2, F5, F8
transaction PTC Restricted Stock Units Options Exercise $0 -1,848 -42% $0.000000 2,567 15 Nov 2023 Common Stock 1,848 Direct F2, F6, F8
transaction PTC Restricted Stock Units Options Exercise $0 -2,568 -33% $0.000000 5,134 15 Nov 2023 Common Stock 2,568 Direct F2, F7, F8
* 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 on the shares released.
F2 Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.
F3 RSUs granted on November 17, 2020 that vested on November 15, 2023.
F4 RSUs granted on November 17, 2021 that vest in three substantially equal installments on November 15, 2022, 2023 and 2024.
F5 Performance-based RSUs granted on November 17, 2021 that vest to the extent earned in November 2022, 2023 and 2024
F6 Performance-based RSUs granted on November 16, 2022 that vest to the extent earned in November 2023, 2024 and 2025.
F7 RSUs granted on November 16, 2022 that vest in three substantially equal installments on November 15, 2023, 2024 and 2025.
F8 This amount represents the total number of derivative securities beneficially owned of the class shown.