Troy Richardson - Nov 15, 2021 Form 4 Insider Report for PTC INC. (PTC)

Role
COO, EVP Digital Thread
Signature
/s/Catherine Gorecki by power of attorney filed 10/22/2020
Stock symbol
PTC
Transactions as of
Nov 15, 2021
Transactions value $
-$1,356,325
Form type
4
Date filed
11/17/2021, 07:27 PM
Previous filing
Jul 26, 2021
Next filing
Nov 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTC Common Stock Options Exercise $0 +22.8K $0.00 22.8K Nov 15, 2021 Direct
transaction PTC Common Stock Award $0 +5.06K +22.24% $0.00 27.8K Nov 15, 2021 Direct F1
transaction PTC Common Stock Tax liability -$1.36M -11.3K -40.62% $120.05 16.5K Nov 15, 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 Options Exercise $0 -8.8K -33.33% $0.00 17.6K Nov 15, 2021 Common Stock 8.8K Direct F3, F4
transaction PTC Restricted Stock Units Options Exercise $0 -5.28K -33.34% $0.00 10.6K Nov 15, 2021 Common Stock 5.28K Direct F3, F5
transaction PTC Restricted Stock Units Options Exercise $0 -5.28K -50.01% $0.00 5.28K Nov 15, 2021 Common Stock 5.28K Direct F3, F6
transaction PTC Restricted Stock Units Options Exercise $0 -3.4K -39.14% $0.00 5.28K Nov 15, 2021 Common Stock 3.4K Direct F3, F7
* 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 RSUs granted on November 16, 2020 that vest in three substantially equal installments on November 15, 2021, 2022 and 2023.
F5 RSUs granted on November 17, 2020 that vest in three substantially equal installments on November 15, 2021, 2022 and 2023.
F6 Performance based RSUs granted on November 17, 2020 that vested on November 15, 2021.
F7 Performance based RSUs granted on November 17, 2020 that vested on November 15, 2021.