|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
|
| |||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
| 1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Restricted Stock Units | (4) | 11/15/2017 | M | 4,495 | (5) | (5) | Common Stock | 4,495 | $ 0 | 0 (13) | D | ||||
| Restricted Stock Units | (4) | 11/15/2017 | A | 10,475 | (6) | (6) | Common Stock | 10,475 | $ 0 | 10,475 (13) | D | ||||
| Restricted Stock Units | (4) | 11/15/2017 | M | 10,475 | (6) | (6) | Common Stock | 10,475 | $ 0 | 0 (13) | D | ||||
| Restricted Stock Units | (4) | 11/15/2017 | M | 5,646 | (7) | (7) | Common Stock | 5,646 | $ 0 | 5,646 (13) | D | ||||
| Restricted Stock Units | (4) | 11/15/2017 | A | 10,406 | (8) | (8) | Common Stock | 10,406 | $ 0 | 10,406 (13) | D | ||||
| Restricted Stock Units | (4) | 11/15/2017 | M | 10,406 | (8) | (8) | Common Stock | 10,406 | $ 0 | 0 (13) | D | ||||
| Restricted Stock Units | (4) | 11/15/2017 | M | 4,304 | (9) | (9) | Common Stock | 4,304 | $ 0 | 8,607 (13) | D | ||||
| Restricted Stock Units | (4) | 11/15/2017 | A | 6,351 | (10) | (10) | Common Stock | 6,351 | $ 0 | 6,351 (13) | D | ||||
| Restricted Stock Units | (4) | 11/15/2017 | M | 2,117 | (10) | (10) | Common Stock | 2,117 | $ 0 | 4,234 (13) | D | ||||
| Restricted Stock Units | (4) | 11/15/2017 | A | 6,564 | (11) | (11) | Common Stock | 6,564 | $ 0 | 6,564 (13) | D | ||||
| Restricted Stock Units | (4) | 11/15/2017 | M | 6,564 | (11) | (11) | Common Stock | 6,564 | $ 0 | 0 (13) | D | ||||
| Restricted Stock Units | (4) | 11/15/2017 | A | 10,755 | (12) | (12) | Common Stock | 10,755 | $ 0 | 10,755 (13) | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| VON STAATS AARON C 140 KENDRICK STREET NEEDHAM, MA 02494 |
CVP, GC and Secretary | |||
| /s/Deanna Osganian by power of attorney filed 5/2/2017 | 11/17/2017 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Tendered to Issuer to satisfy tax withholding obligations of Reporting Person incurred in connection with the vesting of 44,007 shares of the Reporting Person's restricted stock unit awards on November 15, 2017. |
| (2) | Shares sold pursuant to a pre-established 10b5-1(c ) trading plan. |
| (3) | This transaction was executed in multiple trades at prices ranging from $64.32 to $64.915. 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. |
| (4) | Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock. |
| (5) | RSUs awarded on November 10, 2014 that vested in three substantially equal annual installments on November 15, 2015, 2016 and 2017. |
| (6) | Performance-based RSUs granted on November 10, 2014 that could be earned only to the extent the established performance criteria were met for the performance period ended September 30, 2017. The performance measure was met at 100% and 10,475 RSUs were earned and vested. |
| (7) | RSUs granted on November 2, 2015 that vest in three substantially equal installments on November 15, 2016, 2017 and 2018. |
| (8) | Performance-based RSUs granted on November 2, 2015 that could be earned only to the extent the established performance criteria were met for the performance period ended September 30, 2017. The performance measure was met at 184.31% and 10,406 RSUs were earned and vested. |
| (9) | RSUs granted on October 31, 2016 that vest in three substantially equal installments on November 15, 2017, 2018 and 2019. |
| (10) | Aspirational performance-based RSUs granted on October 31, 2016. The performance measure was met at 49.2% and 6,351 RSUs were earned. The RSUs earned vest in three substantially equal installments on November 15, 2017, 2018 and 2019. |
| (11) | Performance-based RSUs granted on October 31, 2016 that could be earned only to the extent the established performance criteria were met for the performance period ended September 30, 2017. The performance measure was met at 152.53% and 6564 RSUs were earned and vested. |
| (12) | RSUs awarded on November 15, 2017 that vest in three substantially equal installments on November 15, 2018, 2019 and 2020. |
| (13) | This amount represents the total number of derivative securities beneficially owned of the class shown. |