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PTC INC. — Director's Dealing 2016
Nov 17, 2016
30223_dirs_2016-11-17_0ad83c8b-8af4-4252-8e4c-08744387a5fb.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PTC INC. (PTC)
CIK: 0000857005
Period of Report: 2016-11-15
Reporting Person: Hayman Craig (EVP, Group President Solutions)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-11-15 | Common Stock | M | 91983 | — | Acquired | 91983 | Direct |
| 2016-11-15 | Common Stock | F | 41834 | $47.53 | Disposed | 50149 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-11-15 | Restricted Stock Units | $ | A | 23339 | Acquired | Common Stock (23339) | Direct | |
| 2016-11-15 | Restricted Stock Units | $ | M | 23339 | Disposed | Common Stock (23339) | Direct | |
| 2016-11-15 | Restricted Stock Units | $ | M | 54915 | Disposed | Common Stock (54915) | Direct | |
| 2016-11-15 | Restricted Stock Units | $ | M | 13729 | Disposed | Common Stock (13729) | Direct |
Footnotes
F1: Tendered to Issuer to satisfy tax withholding obligations of Reporting Person incurred in connection with the vesting of 91,983 shares of the Reporting Person's restricted stock unit awards on November 15, 2016.
F2: Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.
F3: Performance-based restricted stock units awarded on November 23, 2015 that may be earned only to the extent the established performance criteria are met for each of the three performance periods ending September 30, 2016, September 30, 2017 and September 30, 2018. The performance measure for the first period was met at 170% and 23,339 RSUs were earned.
F4: Performance-based restricted stock units awarded on November 23, 2015 that may be earned only to the extent the established performance criteria are met for each of the three performance periods ending September 30, 2016, September 30, 2017 and September 30, 2018. The performance measure for the first period was met at 170% and 23,339 RSUs vested.
F5: RSUs awarded on November 23, 2015 that vest in two substantially equal increments on each of November 15, 2016 and November 15, 2017.
F6: RSUs awarded on November 23, 2015 that vest in three substantially equal increments on each of November 15, 2016, 2017 and 2018.
F7: This amount represents the total number of derivative securities beneficially owned of the class shown.