James E. Heppelmann - Nov 15, 2023 Form 4 Insider Report for PTC INC. (PTC)

Role
CEO, Director
Signature
/s/Catherine Gorecki by power of attorney filed 11/2/2007
Stock symbol
PTC
Transactions as of
Nov 15, 2023
Transactions value $
$0
Form type
4
Date filed
11/17/2023, 04:12 PM
Previous filing
Dec 9, 2022
Next filing
Nov 28, 2023

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 +12.1K $0.00 12.1K Nov 15, 2023 Common Stock 12.1K Direct F1, F2, F6
transaction PTC Restricted Stock Units Award $0 +12.1K $0.00 12.1K Nov 15, 2023 Common Stock 12.1K Direct F1, F3, F6
transaction PTC Restricted Stock Units Award $0 +24.2K $0.00 24.2K Nov 15, 2023 Common Stock 24.2K Direct F1, F4, F6
transaction PTC Restricted Stock Units Award $0 +11K $0.00 11K Nov 15, 2023 Common Stock 11K Direct F1, F5, F6
* 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 eligible to 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 eligible to vest to the extent earned in one installment on November 15, 2026.
F4 RSUs granted on November 15, 2023 eligible to vest in three substantially equal installments on November 15, 2024, 2025 and 2026.
F5 Performance based RSUs granted under our FY24 Corporate Incentive Plan eligible to vest on November 15, 2024.
F6 This amount represents the total number of derivative securities beneficially owned of the class shown.