Form 4 for PTC PTC Inc.
Accepted 2021-11-18 00:00:00 ET · period of report 2021-11-16 · accession 0001654954-21-012437 · 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 | Talvitie Kristian | EVP, CFO | S - Sale | $120.15 | -12.5K | 48.2K | -21% | -$1.50M |
| DM | 2021-11-18 | 2021-11-17 | PTC | Talvitie Kristian | EVP, CFO | A - Grant | $0.00 | +27.2K | 13.6K | 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 | 8,996 | $120.41 | 39,205 | 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 $119.98 to $120.61. 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 | 3,486 | $119.49 | 48,201 | 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 $118.97 to $119.96. 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 | Derivative | Restricted Stock Units | 2021-11-17 | A | A | 6,791 | $0.00 | 6,791 | D | — · — to — | 6,791 Common Stock | (F8) This amount represents the total number of derivative securities beneficially owned of the class shown. (F4) Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock. (F6) 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. |
| 4 | Derivative | Restricted Stock Units | 2021-11-17 | A | A | 6,791 | $0.00 | 6,791 | D | — · — to — | 6,791 Common Stock | (F8) This amount represents the total number of derivative securities beneficially owned of the class shown. (F4) Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock. (F5) 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. |
| 5 | Derivative | Restricted Stock Units | 2021-11-17 | A | A | 13,582 | $0.00 | 13,582 | D | — · — to — | 13,582 Common Stock | (F8) This amount represents the total number of derivative securities beneficially owned of the class shown. (F4) Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock. (F7) Service-based RSUs that vest in three substantially equal installments on November 15, 2022, 2023 and 2024. |