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PTC INC. — Director's Dealing 2018
Nov 16, 2018
30223_dirs_2018-11-16_44b4540c-9da7-4004-9239-4cbea7aff2ba.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: Miller Andrew (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-11-15 | Common Stock | M | 81855 | — | Acquired | 128845 | Direct |
| 2018-11-15 | Common Stock | F | 34720 | $89.4 | Disposed | 94125 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-11-15 | Restricted Stock Units | $ | M | 3949 | Disposed | Common Stock (3949) | Direct | |
| 2018-11-15 | Restricted Stock Units | $ | M | 10531 | Disposed | Common Stock (10531) | Direct | |
| 2018-11-15 | Restricted Stock Units | $ | M | 8028 | Disposed | Common Stock (8028) | Direct | |
| 2018-11-15 | Restricted Stock Units | $ | M | 6519 | Disposed | Common Stock (6519) | Direct | |
| 2018-11-14 | Restricted Stock Units | $ | A | 30688 | Acquired | Common Stock (30688) | Direct | |
| 2018-11-15 | Restricted Stock Units | $ | M | 30688 | Disposed | Common Stock (30688) | Direct | |
| 2018-11-14 | Restricted Stock Units | $ | A | 16056 | Acquired | Common Stock (16056) | Direct | |
| 2018-11-15 | Restricted Stock Units | $ | M | 16056 | Disposed | Common Stock (16056) | Direct | |
| 2018-11-14 | Restricted Stock Units | $ | A | 6084 | Acquired | Common Stock (6084) | Direct | |
| 2018-11-15 | Restricted Stock Units | $ | M | 6084 | Disposed | Common Stock (6084) | Direct | |
| 2018-11-14 | Restricted Stock Units | $ | A | 17523 | Acquired | Common Stock (17523) | 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 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 11,847 RSUs were earned. The RSUs earned vest in three substantially equal installments on November 15, 2017, 2018 and 2019.
F4: RSUs granted on November 2, 2015 that vested in three substantially equal installments on November 15, 2016, 2017 and 2018.
F5: RSUs granted on October 31, 2016 that vest in three substantially equal installments on November 15, 2017, 2018 and 2019.
F6: RSUs granted on November 15, 2017 that vest in three substantially equal installments on November 15, 2018, 2019 and 2020.
F7: 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 30,688 RSUs were earned and vested.
F8: 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 16,056 RSUs were earned and vested.
F9: 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 6084 RSUs were earned and vested.
F10: RSUs granted on November 14, 2018 that vest in three substantially equal installments on November 15, 2019, 2020 and 2021.
F11: This amount represents the total number of derivative securities beneficially owned of the class shown.