Form 4 for PTC PTC Inc.
Accepted 2022-11-17 00:00:00 ET · period of report 2022-11-16 · accession 0001654954-22-015511 · 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 | 2022-11-17 | 2022-11-16 | PTC | HEPPELMANN JAMES E | Pres, CEO, Dir | S - Sale | $130.15 | -34.2K | 930.7K | -4% | -$4.46M |
| DM | 2022-11-17 | 2022-11-16 | PTC | HEPPELMANN JAMES E | Pres, CEO, Dir | A - Grant | $0.00 | +77.0K | 19.3K | 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 | 2022-11-16 | S | D | 31,199 | $130.10 | 933,718 | 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 $129.58 to $130.58. 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 | 2022-11-16 | S | D | 3,051 | $130.71 | 930,667 | 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 $130.5925 to $130.815. 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 | 2022-11-16 | A | A | 19,255 | $0.00 | 19,255 | D | — · — to — | 19,255 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) Performance based RSUs granted on November 16, 2022 that vest in three substantially equal installments on November 15, 2023, 2024 and 2025. |
| 4 | Derivative | Restricted Stock Units | 2022-11-16 | A | A | 38,511 | $0.00 | 38,511 | D | — · — to — | 38,511 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) RSUs granted on November 16, 2022 that vest in three substantially equal installments on November 15, 2023, 2024 and 2025. |
| 5 | Derivative | Restricted Stock Units | 2022-11-16 | A | A | 19,255 | $0.00 | 19,255 | D | — · — to — | 19,255 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) Performance based RSUs granted on November 16, 2022 that vest in one installment on November 15, 2025. |