AARON C. VON STAATS - 15 Nov 2023 Form 4 Insider Report for PTC INC. (PTC)

Role
EVP, GC and Secretary
Signature
/s/Catherine Gorecki by power of attorney filed 11/2/2007
Issuer symbol
PTC
Transactions as of
15 Nov 2023
Transactions value $
$0
Form type
4
Filing time
17 Nov 2023, 16:16:42 UTC
Previous filing
02 May 2023
Next filing
28 Nov 2023
SEC
View on sec.gov

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 +4.85K $0.00 4.85K 15 Nov 2023 Common Stock 4.85K Direct F1, F2, F5
transaction PTC Restricted Stock Units Award $0 +4.85K $0.00 4.85K 15 Nov 2023 Common Stock 4.85K Direct F1, F3, F5
transaction PTC Restricted Stock Units Award $0 +9.7K $0.00 9.7K 15 Nov 2023 Common Stock 9.7K Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.
F2 Performance based RSUs granted on November 15, 2023 that vest to the extent earned in three substantially equal installments on November 15, 2024, 2025 and 2026.
F3 Performance based RSUs granted on November 15, 2023 that vest to the extent earned in one installment on November 15, 2026.
F4 RSUs granted on November 15, 2023 that vest in three substantially equal installments on November 15, 2024, 2025 and 2026.
F5 This amount represents the total number of derivative securities beneficially owned of the class shown.