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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 |
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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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (2) | 11/15/2018 | M | 2,117 | (3) | (3) | Common Stock | 2,117 | $ 0 | 2,117 (10) | D | ||||
Restricted Stock Units | (2) | 11/15/2018 | M | 5,646 | (8) | (8) | Common Stock | 5,646 | $ 0 | 0 (10) | D | ||||
Restricted Stock Units | (2) | 11/15/2018 | M | 4,304 | (4) | (4) | Common Stock | 4,304 | $ 0 | 4,303 (10) | D | ||||
Restricted Stock Units | (2) | 11/15/2018 | M | 3,585 | (9) | (9) | Common Stock | 3,585 | $ 0 | 7,170 (10) | D | ||||
Restricted Stock Units | (2) | 11/14/2018 | A | 16,452 | (5) | (5) | Common Stock | 16,452 | $ 0 | 16,452 (10) | D | ||||
Restricted Stock Units | (2) | 11/15/2018 | M | 16,452 | (5) | (5) | Common Stock | 16,452 | $ 0 | 0 (10) | D | ||||
Restricted Stock Units | (2) | 11/14/2018 | A | 8,608 | (6) | (6) | Common Stock | 8,608 | $ 0 | 8,608 (10) | D | ||||
Restricted Stock Units | (2) | 11/15/2018 | M | 8,608 | (6) | (6) | Common Stock | 8,608 | $ 0 | 0 (10) | D | ||||
Restricted Stock Units | (2) | 11/14/2018 | A | 3,346 | (7) | (7) | Common Stock | 3,346 | $ 0 | 3,346 (10) | D | ||||
Restricted Stock Units | (2) | 11/15/2018 | M | 3,346 | (7) | (7) | Common Stock | 3,346 | $ 0 | 0 (10) | D | ||||
Restricted Stock Units | (2) | 11/14/2018 | A | 10,420 | (11) | (11) | Common Stock | 10,420 | $ 0 | 10,420 (10) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
VON STAATS AARON C 140 KENDRICK STREET NEEDHAM, MA 02494 |
EVP, GC and Secretary |
/s/Catherine Gorecki by power of attorney filed 11/2/2007 | 11/16/2018 | |
**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 the Reporting Person incurred in connection with the vesting of the Reporting Person's restricted stock unit awards on November 15, 2018. |
(2) | Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock. |
(3) | Aspirational performance-based RSUs granted on October 31, 2016 that could be earned only to the extent the established performance measure was met for the period ended September 30, 2017. The performance measure was met at 49.2% and 6351 RSUs were earned. The RSUs earned vest in three substantially equal installments on November 15, 2017, 2018 and 2019. |
(4) | RSUs granted on October 31, 2016 that vest in three substantially equal installments on November 15, 2017, 2018 and 2019. |
(5) | Performance-based RSUs granted on November 2, 2015 that could be earned only to the extent the established performance measure was met for the performance period ended September 30, 2018. The performance measure was met at 200% and 16452 RSUs were earned and vested. |
(6) | Performance-based RSUs granted on October 31, 2016 that could be earned only to the extent the established performance measure was met for the performance period ended September 30, 2018. The performance measure was met at 200% and 8608 RSUs were earned and vested. |
(7) | Performance-based RSUs granted on November 15, 2017 that could be earned only to the extent the established performance measure was met for the performance period ended September 30, 2018. The performance measure was met at 93.34% and 3346 RSUs were earned and vested. |
(8) | RSUs granted on November 2, 2015 that vested in three substantially equal installments on November 15, 2016, 2017 and 2018. |
(9) | RSUs granted on November 15, 2017 that vest in three substantially equal installments on November 15, 2018, 2019 and 2020. |
(10) | This amount represents the total number of derivative securities beneficially owned of the class shown. |
(11) | RSUs granted on November 14, 2018 that vest in three substantially equal installments on November 15, 2019, 2020 and 2021. |