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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.