PTC INC. — Director's Dealing 2019

Nov 19, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PTC INC. (PTC)
CIK: 0000857005
Period of Report: 2019-11-15

Reporting Person: Talvitie Kristian (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-15	Common Stock	A	1922	$0.00	Acquired	1922	Direct
2019-11-15	Common Stock	F	566	$74.0900	Disposed	1356	Direct
2019-11-15	Common Stock	M	6816	—	Acquired	8172	Direct
2019-11-15	Common Stock	F	2009	$74.09	Disposed	6163	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-15	Restricted Stock Units	$	M	4278	Disposed		Common Stock (4278)	Direct
2019-11-15	Restricted Stock Units	$	A	2538	Acquired		Common Stock (2538)	Direct
2019-11-15	Restricted Stock Units	$	M	2538	Disposed		Common Stock (2538)	Direct

Footnotes

F1: Bonus shares granted upon satisfaction of performance conditions for FY 2019.

F2: 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

F3: Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.

F4: Time-based RSU's granted on May 15, 2019 that vest in three subsequent installments on November 15, 2019, 2020 and 2021.

F5: This amount represents the total number of derivative securities beneficially owned of the class shown.

F6: Performance-based RSUs granted on May 15, 2019 that could be earned only to the extent the established performance measure was met for the performance period ended September 30, 2019. The performance measure was met at 59.33% and 2,538 RSUs were earned and vested.