PTC INC. 4

4 · PTC INC. · Filed Nov 13, 2013

Form 4

Period: 2013-11-11

Chief Financial Officer, EVP

Transactions

Award
Restricted Stock Units
2013-11-11+29,151→ 29,151 total
→ Common Stock (29,151 underlying)
Award
Restricted Stock Units
2013-11-11+29,151→ 29,151 total
→ Common Stock (29,151 underlying)

Footnotes (4)

[F1]Each restricted stock unit represents a contingent right to one share of PTC Inc. common stock.
[F2]Performance-based restricted stock units that will be earned only to the extent the established performance criteria for each of the three performance periods are met. The restricted stock units earned will vest as to (i) up to one-third of the units awarded on the later of November 15, 2014 and the date the Compensation Committee determines the performance criteria have been achieved, (ii) up to a total of two-thirds of the units awarded on the later of November 15, 2015 and the date the Compensation Committee determines the performance criteria have been achieved, and (iii) up to all of the units awarded on the later of November 15, 2016 and the date the Compensation Committee determines the performance criteria have been achieved.
[F3]Time-based restricted stock units that vest in three substantially equal installments on each of November 15, 2014, November 15, 2015 and November 15, 2016.
[F4]This amount represents the total number of derivative securities beneficially owned of the class shown.

Documents

1 file