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PTC INC. — Director's Dealing 2020
Nov 19, 2020
30223_dirs_2020-11-19_f987bbaf-8f80-4f16-b776-69bbf9295212.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: 2020-11-17
Reporting Person: Wrenn Kevin (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-11-17 | Restricted Stock Units | $ | A | 3696 | Acquired | Common Stock (3696) | Direct | |
| 2020-11-17 | Restricted Stock Units | $ | A | 3696 | Acquired | Common Stock (3696) | Direct | |
| 2020-11-17 | Restricted Stock Units | $ | A | 7393 | Acquired | Common Stock (7393) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.
F2: 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.
F3: 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.
F4: Service-based RSUs that 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.