4//SEC Filing
PTC INC. 4
Accession 0001140361-13-043509
$PTCCIK 0000857005operating
Filed
Nov 18, 7:00 PM ET
Accepted
Nov 19, 4:18 PM ET
Size
23.4 KB
Accession
0001140361-13-043509
Insider Transaction Report
Form 4
PTC INC.PMTC
GLIDDEN JEFFREY D
Chief Financial Officer, EVP
Transactions
- Exercise/Conversion
Restricted Stock Units
2013-11-15−12,314→ 12,314 total→ Common Stock (12,314 underlying) - Exercise/Conversion
Restricted Stock Units
2013-11-15−12,601→ 12,600 total→ Common Stock (12,601 underlying) - Exercise/Conversion
Restricted Stock Units
2013-11-15−17,841→ 35,680 total→ Common Stock (17,841 underlying) - Exercise/Conversion
Restricted Stock Units
2013-11-15−18,901→ 18,901 total→ Common Stock (18,901 underlying) - Tax Payment
Common Stock
2013-11-15$32.37/sh−41,911$1,356,659→ 109,403 total - Exercise/Conversion
Restricted Stock Units
2013-11-15−13,164→ 0 total→ Common Stock (13,164 underlying) - Exercise/Conversion
Restricted Stock Units
2013-11-15−10,360→ 25,320 total→ Common Stock (10,360 underlying) - Exercise/Conversion
Common Stock
2013-11-15+98,345→ 151,314 total - Exercise/Conversion
Restricted Stock Units
2013-11-15−13,164→ 0 total→ Common Stock (13,164 underlying)
Footnotes (10)
- [F1]Tendered to Issuer to satisfy tax withholding obligations of Reporting Person incurred in connection with the vesting of 98,345 shares of the Reporting Person's restricted stock unit awards on November 15, 2013.
- [F10]This amount represents the total number of derivative securities beneficially owned of the class shown.
- [F2]Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.
- [F3]Time-based restricted stock units that vested as to 13,165 RSUs on November 15, 2011, 13,165 RSUs on November 15, 2012 and 13,164 RSUs on November 15, 2013.
- [F4]Performance-based restricted stock units subject to subsequent time-based restrictions that vested as to 13,165 RSUs on November 15, 2011 and November 15, 2012 and 13,164 RSUs on November 15, 2013.
- [F5]Performance-based restricted stock units that may be earned only to the extent the established performance criteria are met. The performance criteria for the first period were met and 18,901 RSUs vested on November 15, 2013. The remaining RSUs will vest on the later of November 15, 2014 and the date the Compensation Committee determines the extent to which the performance criteria for the second period have been achieved.
- [F6]Performance-based restricted stock units subject to subsequent time-based restrictions that vested as to 12,315 RSUs on November 15, 2012, 12,314 RSUs on November 15, 2013 and will vest as to 12,314 RSUs on November 15, 2014.
- [F7]Time-based restricted stock awards that vested as to 12,601 RSUs on November 15, 2012 and November 15, 2013 and will vest as to 12,600 RSUs on November 15, 2014.
- [F8]Performance-based restricted stock units that are earned only to the extent the established performance criteria for each of the three performance periods are met. The criteria were met in part for the first period and 10,360 RSUs vested on November 15, 2013. Up to a total of two-thirds of the units awarded (less any vested for the first period) are eligible to vest on the later of November 15, 2014 and the date the Compensation Committee determines the performance criteria for the second period have been achieved and up to all of the units awarded are eligible to vest on the later of November 15, 2015 and the date the Compensation Committee determines the performance criteria for the third period have been achieved.
- [F9]Time-based restricted stock awards that vested as to 17,841 RSUs on November 15, 2013 and will vest as to 17,840 RSUs on November 15, 2014 and November 15, 2015.
Documents
Issuer
PTC INC.
CIK 0000857005
Entity typeoperating
IncorporatedMA
Related Parties
1- filerCIK 0000857005
Filing Metadata
- Form type
- 4
- Filed
- Nov 18, 7:00 PM ET
- Accepted
- Nov 19, 4:18 PM ET
- Size
- 23.4 KB