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PTC INC. — Director's Dealing 2017
Nov 17, 2017
30223_dirs_2017-11-17_8df2dc17-e658-45ff-ab6f-372531f2f0f3.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: 2017-11-15
Reporting Person: DIBONA ANTHONY (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-11-15 | Common Stock | M | 58921 | — | Acquired | 81435 | Direct |
| 2017-11-15 | Common Stock | F | 26128 | $63.92 | Disposed | 55307 | Direct |
| 2017-11-16 | Common Stock | S | 2300 | $64.38 | Disposed | 53007 | Direct |
| 2017-11-16 | Common Stock | S | 2620 | $64.7511 | Disposed | 50387 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-11-15 | Restricted Stock Units | $ | M | 6041 | Disposed | Common Stock (6041) | Direct | |
| 2017-11-15 | Restricted Stock Units | $ | A | 14077 | Acquired | Common Stock (14077) | Direct | |
| 2017-11-15 | Restricted Stock Units | $ | M | 14077 | Disposed | Common Stock (14077) | Direct | |
| 2017-11-15 | Restricted Stock Units | $ | M | 7545 | Disposed | Common Stock (7545) | Direct | |
| 2017-11-15 | Restricted Stock Units | $ | A | 13906 | Acquired | Common Stock (13906) | Direct | |
| 2017-11-15 | Restricted Stock Units | $ | M | 13906 | Disposed | Common Stock (13906) | Direct | |
| 2017-11-15 | Restricted Stock Units | $ | M | 5751 | Disposed | Common Stock (5751) | Direct | |
| 2017-11-15 | Restricted Stock Units | $ | A | 8487 | Acquired | Common Stock (8487) | Direct | |
| 2017-11-15 | Restricted Stock Units | $ | M | 2829 | Disposed | Common Stock (2829) | Direct | |
| 2017-11-15 | Restricted Stock Units | $ | A | 8772 | Acquired | Common Stock (8772) | Direct | |
| 2017-11-15 | Restricted Stock Units | $ | M | 8772 | Disposed | Common Stock (8772) | Direct | |
| 2017-11-15 | Restricted Stock Units | $ | A | 12805 | Acquired | Common Stock (12805) | Direct |
Footnotes
F1: Tendered to Issuer to satisfy tax withholding obligations of Reporting Person incurred in connection with the vesting of 58,921 shares of the Reporting Person's restricted stock unit awards on November 15, 2017.
F2: Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.
F3: Shares sold pursuant to a pre-established 10b5-1(c ) trading plan.
F4: This transaction was executed in multiple trades at prices ranging from $63.61 to $64.59. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F5: This transaction was executed in multiple trades at prices ranging from $64.61 to $64.89. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F6: RSUs granted on November 10, 2014 that vested in three substantially equal annual installments on November 15, 2015, 2016 and 2017.
F7: Performance-based RSUs granted on November 10, 2014 that could be earned only to the extent the established performance criteria were met for the performance period ended September 30, 2017. The performance measure was met at 100% and 14,077 RSUs were earned and vested.
F8: RSUs granted on November 2, 2015 that vest in three substantially equal installments on November 15, 2016, 2017 and 2018.
F9: Performance-based RSUs granted on November 2, 2015 that could be earned only to the extent the established performance criteria were met for the performance period ended September 30, 2017. The performance measure was met at 184.31% and 13,906 RSUs were earned and vested.
F10: RSUs granted on October 31, 2016 that vest in three substantially equal installments on November 15, 2017, 2018 and 2019.
F11: Aspirational performance-based RSUs granted on October 31, 2016. The performance measure was met at 49.2% and 8,487 RSUs were earned. The RSUs earned vest in three substantially equal installments on November 15, 2017, 2018 and 2019.
F12: Performance-based RSUs granted on October 31, 2016 that could be earned only to the extent the established performance criteria were met for the performance period ended September 30, 2017. The performance measure was met at 152.53% and 8,772 RSUs were earned and vested.
F13: RSUs awarded on November 15, 2017 that vest in three substantially equal installments on November 15, 2018, 2019 and 2020.
F14: This amount represents the total number of derivative securities beneficially owned of the class shown.