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PTC INC. — Director's Dealing 2020
Nov 23, 2020
30223_dirs_2020-11-23_71faa03d-a715-430d-9769-375d4f02387a.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: 2020-11-16
Reporting Person: Richardson Troy (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-11-16 | Restricted Stock Units | $ | A | 26390 | Acquired | Common Stock (26390) | Direct | |
| 2020-11-17 | Restricted Stock Units | $ | A | 15842 | Acquired | Common Stock (15842) | Direct | |
| 2020-11-17 | Restricted Stock Units | $ | A | 7921 | Acquired | Common Stock (7921) | Direct | |
| 2020-11-17 | Restricted Stock Units | $ | A | 7921 | Acquired | Common Stock (7921) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.
F2: Service-based RSUs that vest in three substantially equal installments on November 15, 2021, 2022 and 2023
F3: Target performance-based RSUs that can be earned to the extent the rTSR performance-measure is met for each of the three performance periods. RSUs earned are eligible to vest in three substantially equal installments on November 15, 2021, 2022 and 2023.
F4: Target performance-based RSUs that can be earned to the extent the adjusted free cash flow performance-measure is met for each of the three performance periods. RSUs earned are eligible to vest in three substantially equal installments on November 15, 2021, 2022 and 2023.
F5: This amount represents the total number of derivative securities beneficially owned of the class shown.