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PTC INC. Director's Dealing 2018

Nov 16, 2018

30223_dirs_2018-11-16_672d68ef-7246-4a8b-9fe6-42ae9bff70a6.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: 2018-11-14

Reporting Person: VON STAATS AARON C (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-11-15 Common Stock M 44058 Acquired 52599 Direct
2018-11-15 Common Stock F 17911 $89.4 Disposed 34688 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-11-15 Restricted Stock Units $ M 2117 Disposed Common Stock (2117) Direct
2018-11-15 Restricted Stock Units $ M 5646 Disposed Common Stock (5646) Direct
2018-11-15 Restricted Stock Units $ M 4304 Disposed Common Stock (4304) Direct
2018-11-15 Restricted Stock Units $ M 3585 Disposed Common Stock (3585) Direct
2018-11-14 Restricted Stock Units $ A 16452 Acquired Common Stock (16452) Direct
2018-11-15 Restricted Stock Units $ M 16452 Disposed Common Stock (16452) Direct
2018-11-14 Restricted Stock Units $ A 8608 Acquired Common Stock (8608) Direct
2018-11-15 Restricted Stock Units $ M 8608 Disposed Common Stock (8608) Direct
2018-11-14 Restricted Stock Units $ A 3346 Acquired Common Stock (3346) Direct
2018-11-15 Restricted Stock Units $ M 3346 Disposed Common Stock (3346) Direct
2018-11-14 Restricted Stock Units $ A 10420 Acquired Common Stock (10420) Direct

Footnotes

F1: Tendered to Issuer to satisfy tax withholding obligations of the Reporting Person incurred in connection with the vesting of the Reporting Person's restricted stock unit awards on November 15, 2018.

F2: Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.

F3: Aspirational performance-based RSUs granted on October 31, 2016 that could be earned only to the extent the established performance measure was met for the period ended September 30, 2017. The performance measure was met at 49.2% and 6351 RSUs were earned. The RSUs earned vest in three substantially equal installments on November 15, 2017, 2018 and 2019.

F4: RSUs granted on October 31, 2016 that vest in three substantially equal installments on November 15, 2017, 2018 and 2019.

F5: Performance-based RSUs granted on November 2, 2015 that could be earned only to the extent the established performance measure was met for the performance period ended September 30, 2018. The performance measure was met at 200% and 16452 RSUs were earned and vested.

F6: Performance-based RSUs granted on October 31, 2016 that could be earned only to the extent the established performance measure was met for the performance period ended September 30, 2018. The performance measure was met at 200% and 8608 RSUs were earned and vested.

F7: Performance-based RSUs granted on November 15, 2017 that could be earned only to the extent the established performance measure was met for the performance period ended September 30, 2018. The performance measure was met at 93.34% and 3346 RSUs were earned and vested.

F8: RSUs granted on November 2, 2015 that vested in three substantially equal installments on November 15, 2016, 2017 and 2018.

F9: RSUs granted 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.

F11: RSUs granted on November 14, 2018 that vest in three substantially equal installments on November 15, 2019, 2020 and 2021.