PTC INC. — Director's Dealing 2020

Nov 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PTC INC. (PTC)
CIK: 0000857005
Period of Report: 2020-11-15

Reporting Person: Wrenn Kevin (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-15	Common Stock	M	7483	—	Acquired	12139	Direct
2020-11-15	Common Stock	F	2201	$97.21	Disposed	9938	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-15	Restricted Stock Units	$	M	1238	Acquired		Common Stock (1238)	Direct
2020-11-15	Restricted Stock Units	$	M	822	Acquired		Common Stock (822)	Direct
2020-11-15	Restricted Stock Units	$	M	1350	Acquired		Common Stock (1350)	Direct
2020-11-15	Restricted Stock Units	$	M	2130	Acquired		Common Stock (2130)	Direct
2020-11-15	Restricted Stock Units	$	M	665	Acquired		Common Stock (665)	Direct
2020-11-15	Restricted Stock Units	$	M	1278	Acquired		Common Stock (1278)	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 stock unit awards.

F2: Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.

F3: RSUs granted on November 15, 2017 that vested on November 15, 2020.

F4: RSUs granted on November 14, 2018 that vested on November 15, 2020.

F5: RSUs granted on November 15, 2019 that vest in three substantially equal installments on November 15, 2020, 2021 and 2022.

F6: RSUs granted on February 11, 2020 that vest in three substantially equal installments on November 15, 2020, 2021 and 2022.

F7: Performance -based RSUs granted on February 11, 2020 that vested on November 15, 2020.

F8: Performance - based RSUs granted on February 11, 2020 that vested on November 15, 2020.

F9: This amount represents the total number of derivative securities beneficially owned of the class shown.