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Insider Trading Arrangements
shares in Thousands
3 Months Ended
Sep. 30, 2024
shares
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement

Our Section 16 officers and directors may enter into plans or arrangements for the purchase or sale of our securities that are intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the Exchange Act. Such plans and arrangements must comply in all respects with our insider trading policies, including our policy governing entry into and operation of 10b5-1 plans and arrangements.

During the quarter ended September 30, 2024, the following Section 16 officers adopted Rule 10b5-1 trading arrangements (as defined in Item 408 of Regulation S-K of the Exchange Act). All plans adopted covered only sales of PTC common stock. No plans were modified or terminated.

 

Name and Title of Director or Section 16 Officer

Date of Adoption, Modification, or Termination

Duration of the Plan

 

Aggregate Number of Shares of Common Stock that may be Sold under the Plan

Kristian Talvitie
Executive Vice President, Chief Financial Officer

Adopted
August 2, 2024

Ends
 
February 2, 2025

15,050, plus all net vested shares issued for the FY2024 Corporate Incentive Plan, plus all net vested shares that vest on November 15, 2024 under performance-based RSU awards granted on November 17, 2021, November 16, 2022, and November 15, 2023(1)(2)

Catherine Kniker,

Executive Vice President, Chief Strategy, Marketing, and Sustainability Officer

 

Adopted

August 12, 2024

 

Ends

August 8, 2025

 

6,580, plus all net vested shares issued for the FY2024 Corporate Incentive Plan, plus 15% of all net vested shares that vest on November 15, 2024 under performance-based RSU awards granted on November 17, 2021, November 16, 2022, and November 15, 2023, plus all shares purchased under the 2016 Employee Stock Purchase Plan for the offering periods ending on January 31, 2025 and July 31, 2025(1)(2(3)

Aaron von Staats

Executive Vice President,

General Counsel

 

Adopted

August 8, 2024

 

Ends

August 15, 2025

 

8,618, plus all net vested shares issued for the FY2024 Corporate Incentive Plan, plus 10% of total shares that vest on November 15, 2024 under performance-based RSU awards granted on November 17, 2021, November 16, 2022, and November 15, 2023, plus 80% of all net vested shares that vest on November 15, 2024 under performance-based RSU awards granted on November 17, 2021, November 16, 2022, and November 15, 2023(1)(2)

 

(1)
The total number of shares that would be issued for the FY2024 Corporate Incentive Plan could not be known when the plan was adopted as the FY2024 performance period had not yet ended and attainment of the performance measure was not known.
(2)
The total number of shares that would be earned and vested under the performance-based RSU awards for the FY2024 performance period could not be known when the plan was adopted as the FY2024 performance period had not yet ended and attainment of the performance measures was not known.
(3)
The total number of shares that will be purchased under the 2016 Employee Stock Purchase Plan for the offering periods ending January 31, 2025 and July 31, 2025 could not be known when the plan was adopted.
Rule 10b5-1 Arrangement Terminated false
Rule 10b51 Arr Modified Flag false
Kristian Talvitie  
Trading Arrangements, by Individual  
Name Kristian Talvitie
Title Executive Vice President, Chief Financial Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date August 2, 2024
Expiration Date February 2, 2025
Aggregate Available 15,050
Catherine Kniker  
Trading Arrangements, by Individual  
Name Catherine Kniker
Title Executive Vice President, Chief Strategy, Marketing, and Sustainability Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date August 12, 2024
Expiration Date August 8, 2025
Aggregate Available 6,580
Aaron von Staats  
Trading Arrangements, by Individual  
Name Aaron von Staats
Title Executive Vice President,General Counsel
Rule 10b5-1 Arrangement Adopted true
Adoption Date August 8, 2024
Expiration Date August 15, 2025
Aggregate Available 8,618