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PTC INC. — Director's Dealing 2015
Oct 9, 2015
30223_dirs_2015-10-09_c1fa5555-db1a-4771-accf-c09fadf5398f.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: PTC INC. (PTC)
CIK: 0000857005
Period of Report: 2015-10-01
Reporting Person: Gremley Robert C (EVP, Technology Platforms)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 0 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock (8622) | Direct | ||
| Restricted Stock Units | $ | Common Stock (5691) | Direct | ||
| Restricted Stock Units | $ | Common Stock (11660) | Direct | ||
| Restricted Stock Units | $ | Common Stock (5830) | Direct | ||
| Restricted Stock Units | $ | Common Stock (15173) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to one share of PTC Inc. common stock.
F2: Service-based RSUs awarded on November 5, 2012. These RSUs will vest on November 15, 2015.
F3: Performance-based restricted stock units awarded on November 5, 2012 that may be earned only to the extent the established performance criteria are met. These RSUs are eligible to vest to the extent the performance criteria are met on the later of November 15, 2015 and the date the Compensation Committee determines the performance criteria have been achieved.
F4: Service-based RSUs awarded on November 11, 2013. These RSUs vest in three substantially equal annual installments. These remaining two installments will vest on each of November 15, 2015 and November 15, 2016.
F5: Performance-based restricted stock units awarded on November 11, 2013 that may be earned only to the extent the established performance criteria are met. Half of these RSUs are eligible to vest on the later of November 15, 2015 and the date the Compensation Committee determines the extent to which the performance criteria have been achieved. The remaining RSUs are eligible to vest on the later of November 15, 2016 and the date the Compensation Committee determines the extent to which the performance criteria for the period have been achieved.
F6: Service-based RSUs awarded on November 10, 2014. These RSUs vest in three substantially equal annual installments on each of November 15, 2015, November 15, 2016 and November 15, 2017.