Form 4 for PTC PTC Inc.
Accepted 2021-11-18 00:00:00 ET · period of report 2021-11-16 · accession 0001654954-21-012436 · 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 | HEPPELMANN JAMES E | Pres, CEO, Dir | S - Sale | $121.91 | -15.0K | 814.5K | -2% | -$1.83M |
| DM | 2021-11-18 | 2021-11-17 | PTC | HEPPELMANN JAMES E | Pres, CEO, Dir | A - Grant | $0.00 | +83.6K | 20.9K | 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 | 3,921 | $120.41 | 824,686 | 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 $120.03 to $121.02. 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 | 905 | $119.37 | 828,607 | 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 $119.01 to $119.82. 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 | 3,027 | $122.61 | 819,236 | 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 $122.06 to $123.035. 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. |
| 4 | Common | Common Stock | 2021-11-16 | S | D | 2,423 | $121.63 | 822,263 | 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 $121.055 to $122.05. 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 | 4,724 | $123.34 | 814,512 | D | — | — | (F1) Shares sold pursuant to a pre-established 10b5-1(c) trading plan. (F6) This transaction was executed in multiple trades at prices ranging from $123.08 to $123.685. 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 | 41,792 | $0.00 | 41,792 | D | — · — to — | 41,792 Common Stock | (F11) This amount represents the total number of derivative securities beneficially owned of the class shown. (F7) Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock. (F10) Service-based RSUs that vest in three substantially equal installments on November 15, 2022, 2023 and 2024. |
| 7 | Derivative | Restricted Stock Units | 2021-11-17 | A | A | 20,896 | $0.00 | 20,896 | D | — · — to — | 20,896 Common Stock | (F11) This amount represents the total number of derivative securities beneficially owned of the class shown. (F7) Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock. (F9) 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 | 20,896 | $0.00 | 20,896 | D | — · — to — | 20,896 Common Stock | (F11) This amount represents the total number of derivative securities beneficially owned of the class shown. (F7) 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 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. |