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PTC INC. — Director's Dealing 2013
Nov 13, 2013
30223_dirs_2013-11-13_10e96e2e-aa5a-40c4-95db-a937e1897992.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PTC INC. (PMTC)
CIK: 0000857005
Period of Report: 2013-11-11
Reporting Person: Diouane Marc (EVP Global Services & Partners)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-11-11 | Restricted Stock Units | $ | A | 23320 | Acquired | Common Stock (23320) | Direct | |
| 2013-11-11 | Restricted Stock Units | $ | A | 23320 | Acquired | Common Stock (23320) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to one share of PTC Inc. common stock.
F2: Performance-based restricted stock units that will be earned only to the extent the established performance criteria for each of the three performance periods are met. The restricted stock units earned will vest as to (i) up to one-third of the units awarded on the later of November 15, 2014 and the date the Compensation Committee determines the performance criteria have been achieved, (ii) up to a total of two-thirds of the units awarded on the later of November 15, 2015 and the date the Compensation Committee determines the performance criteria have been achieved, and (iii) up to all of the units awarded on the later of November 15, 2016 and the date the Compensation Committee determines the performance criteria have been achieved.
F3: Time-based restricted stock units that vest in three substantially equal installments on each of November 15, 2014, November 15, 2015 and November 15, 2016.
F4: This amount represents the total number of derivative securities beneficially owned of the class shown.