Form 4 for PTC PTC Inc.
Accepted 2021-11-18 00:00:00 ET · period of report 2021-11-16 · accession 0001654954-21-012435 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-11-18 | 2021-11-16 | PTC | VON STAATS AARON C | EVP, GC, Sec | S - Sale | $121.88 | -7,162 | 33.9K | -17% | -$872.9K |
| DM | 2021-11-18 | 2021-11-17 | PTC | VON STAATS AARON C | EVP, GC, Sec | A - Grant | $0.00 | +18.8K | 9,403 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-11-16 | S | D | 1,137 | $119.85 | 35,829 | D | — | — | (F1) Shares sold pursuant to a pre-established 10b5-1(c) trading plan. (F2) This transaction was executed in multiple trades at prices ranging from $119.28 to $120.245. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
| 2 | Common | Common Stock | 2021-11-16 | S | D | 1,533 | $120.61 | 34,296 | D | — | — | (F1) Shares sold pursuant to a pre-established 10b5-1(c) trading plan. (F3) This transaction was executed in multiple trades at prices ranging from $120.29 to $121.27. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
| 3 | Common | Common Stock | 2021-11-16 | S | D | 98 | $123.67 | 29,804 | D | — | — | (F1) Shares sold pursuant to a pre-established 10b5-1(c) trading plan. |
| 4 | Common | Common Stock | 2021-11-16 | S | D | 2,988 | $123.16 | 29,902 | D | — | — | (F1) Shares sold pursuant to a pre-established 10b5-1(c) trading plan. (F5) This transaction was executed in multiple trades at prices ranging from $122.655 to $123.53. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
| 5 | Common | Common Stock | 2021-11-16 | S | D | 1,406 | $122.08 | 33,890 | D | — | — | (F1) Shares sold pursuant to a pre-established 10b5-1(c) trading plan. (F4) This transaction was executed in multiple trades at prices ranging from $121.6 to $122.54. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
| 6 | Derivative | Restricted Stock Units | 2021-11-17 | A | A | 4,701 | $0.00 | 4,701 | D | — · — to — | 4,701 Common Stock | (F10) This amount represents the total number of derivative securities beneficially owned of the class shown. (F6) Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock. (F7) Target performance-based RSUs that can be earned to the extent the cash flow performance-measure is met for each of the three performance periods. RSUs earned are eligible to vest in three substantially equal installments on November 15, 2022, 2023 and 2024. |
| 7 | Derivative | Restricted Stock Units | 2021-11-17 | A | A | 4,701 | $0.00 | 4,701 | D | — · — to — | 4,701 Common Stock | (F10) This amount represents the total number of derivative securities beneficially owned of the class shown. (F6) Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock. (F8) Target performance-based RSUs that can be earned to the extent the rTSR performance measure is met for FY24. RSUs earned will vest on November 15, 2024. |
| 8 | Derivative | Restricted Stock Units | 2021-11-17 | A | A | 9,403 | $0.00 | 9,403 | D | — · — to — | 9,403 Common Stock | (F10) This amount represents the total number of derivative securities beneficially owned of the class shown. (F6) Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock. (F9) Service-based RSUs that vest in three substantially equal installments on November 15, 2022, 2023 and 2024. |