PTC INC. 4

Accession 0001354488-16-008539

$PTCCIK 0000857005operating

View on SEC.gov Company Profile

Filed

Nov 16, 7:00 PM ET

Accepted

Nov 17, 4:41 PM ET

Size

24.7 KB

Accession

0001354488-16-008539

Insider Transaction Report

Form 4

Period: 2016-11-15

PTC INC.PTC

Gremley Robert C

EVP, Chief Mktg Officer

Transactions

Award
Restricted Stock Units
2016-11-15+3,388→ 3,388 total
→ Common Stock (3,388 underlying)
Exercise/Conversion
Restricted Stock Units
2016-11-15−3,388→ 0 total
→ Common Stock (3,388 underlying)
Sale
Common Stock
2016-11-16$47.45/sh−14,621$693,771→ 8,611 total
Tax Payment
Common Stock
2016-11-15$47.53/sh−16,786$797,839→ 23,232 total
Exercise/Conversion
Restricted Stock Units
2016-11-15−11,660→ 0 total
→ Common Stock (11,660 underlying)
Exercise/Conversion
Restricted Stock Units
2016-11-15−12,537→ 0 total
→ Common Stock (12,537 underlying)
Exercise/Conversion
Restricted Stock Units
2016-11-15−7,375→ 14,748 total
→ Common Stock (7,375 underlying)
Exercise/Conversion
Restricted Stock Units
2016-11-15−5,058→ 5,057 total
→ Common Stock (5,058 underlying)
Award
Restricted Stock Units
2016-11-15+12,537→ 12,537 total
→ Common Stock (12,537 underlying)
Exercise/Conversion
Common Stock
2016-11-15+40,018→ 40,018 total

Footnotes (12)

[F1]Tendered to Issuer to satisfy tax withholding obligations of Reporting Person incurred in connection with the vesting of 40,018 shares of the Reporting Person's restricted stock unit awards on November 15, 2016.
[F10]Performance-based restricted stock units awarded on November 2, 2015 that may be earned only to the extent the established performance criteria are met for each of the three performance periods ending September 30, 2016, September 30, 2017 and September 30, 2018. The performance measure for the first period was met at 170% and 12,537 RSUs vested.
[F11]RSUs awarded on November 2, 2015 that vest in three substantially equal installments on November 15, 2016, 2017 and 2018.
[F12]This amount represents the total number of derivative securities beneficially owned of the class shown.
[F2]Shares sold pursuant to a pre-established 10b5-1(c ) trading plan.
[F3]This transaction was executed in multiple trades at prices ranging from $47.22 to $47.64. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
[F4]Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.
[F5]RSUs awarded on November 11, 2013 that vested in three substantially equal annual installments on November 15, 2014, 2015 and 2016.
[F6]Performance-based restricted stock units awarded on November 10, 2014 that may be earned only to the extent the established performance criteria are met for each of the three performance periods ending September 30, 2015, September 30, 2016 and September 30, 2017. The performance measure for the first period was not met and no RSUs were earned. The performance measure for the second performance period was met at 67% and 3,388 RSUs were earned.
[F7]Performance-based restricted stock units awarded on November 10, 2014 that may be earned only to the extent the established performance criteria are met for each of the three performance periods ending September 30, 2015, September 30, 2016 and September 30, 2017. The performance measure for the first period was not met and no RSUs were earned. The performance measure for the second performance period was met at 67% and 3,388 RSUs vested.
[F8]RSUs awarded on November 10, 2014 that vest in three substantially equal installments on November 15, 2015, 2016 and 2017.
[F9]Performance-based restricted stock units awarded on November 2, 2015 that may be earned only to the extent the established performance criteria are met for each of the three performance periods ending September 30, 2016, September 30, 2017 and September 30, 2018. The performance measure for the first period was met at 170% and 12,537 RSUs were earned.

Documents

1 file

4
issuerdirect_section16.xmlPrimary
PRIMARY DOCUMENT

Issuer

PTC INC.

CIK 0000857005

→

Entity typeoperating

IncorporatedMA

Related Parties

filerCIK 0000857005

Filing Metadata

Form type: 4
Filed: Nov 16, 7:00 PM ET
Accepted: Nov 17, 4:41 PM ET
Size: 24.7 KB

View on SEC.gov