AI assistant
PTC INC. — Director's Dealing 2017
Nov 17, 2017
30223_dirs_2017-11-17_4a11547e-3ee8-4ad9-96dc-22b95f176352.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PTC INC. (PTC)
CIK: 0000857005
Period of Report: 2017-11-15
Reporting Person: Hayman Craig (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-11-15 | Common Stock | M | 125747 | — | Acquired | 177050 | Direct |
| 2017-11-15 | Common Stock | F | 57968 | $63.92 | Disposed | 119082 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-11-15 | Restricted Stock Units | $ | M | 54914 | Disposed | Common Stock (54914) | Direct | |
| 2017-11-15 | Restricted Stock Units | $ | M | 13729 | Disposed | Common Stock (13729) | Direct | |
| 2017-11-15 | Restricted Stock Units | $ | A | 25303 | Acquired | Common Stock (25303) | Direct | |
| 2017-11-15 | Restricted Stock Units | $ | M | 25303 | Disposed | Common Stock (25303) | Direct | |
| 2017-11-15 | Restricted Stock Units | $ | M | 10540 | Disposed | Common Stock (10540) | Direct | |
| 2017-11-15 | Restricted Stock Units | $ | A | 15555 | Acquired | Common Stock (15555) | Direct | |
| 2017-11-15 | Restricted Stock Units | $ | M | 5185 | Disposed | Common Stock (5185) | Direct | |
| 2017-11-15 | Restricted Stock Units | $ | A | 16076 | Acquired | Common Stock (16076) | Direct | |
| 2017-11-15 | Restricted Stock Units | $ | M | 16076 | Disposed | Common Stock (16076) | Direct | |
| 2017-11-15 | Restricted Stock Units | $ | A | 23466 | Acquired | Common Stock (23466) | Direct |
Footnotes
F1: Tendered to Issuer to satisfy tax withholding obligations of Reporting Person incurred in connection with the vesting of 125,747 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: RSUs awarded on November 23, 2015 that vest in two substantially equal increments on each of November 15, 2016 and November 15, 2017.
F4: RSUs awarded on November 23, 2015 that vest in three substantially equal increments on each of November 15, 2016, 2017 and 2018.
F5: Performance-based RSUs granted on November 23, 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 25,303 RSUs were earned and vested.
F6: RSUs granted on October 31, 2016 that vest in three substantially equal installments on November 15, 2017, 2018 and 2019.
F7: Aspirational performance-based RSUs granted on October 31, 2016. The performance measure was met at 49.2% and 15,555 RSUs were earned. The RSUs earned vest in three substantially equal installments on November 15, 2017, 2018 and 2019.
F8: 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 16,076 RSUs were earned and vested.
F9: RSUs awarded on November 15, 2017 that vest in three substantially equal installments on November 15, 2018, 2019 and 2020.
F10: This amount represents the total number of derivative securities beneficially owned of the class shown.