0001140361-13-042216.txt : 20131113
0001140361-13-042216.hdr.sgml : 20131113
20131113165137
ACCESSION NUMBER: 0001140361-13-042216
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20131111
FILED AS OF DATE: 20131113
DATE AS OF CHANGE: 20131113
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PTC INC.
CENTRAL INDEX KEY: 0000857005
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 042866152
STATE OF INCORPORATION: MA
FISCAL YEAR END: 0930
BUSINESS ADDRESS:
STREET 1: 140 KENDRICK STREET
CITY: NEEDHAM
STATE: MA
ZIP: 02494
BUSINESS PHONE: 7813705000
MAIL ADDRESS:
STREET 1: 140 KENDRICK STREET
CITY: NEEDHAM
STATE: MA
ZIP: 02494
FORMER COMPANY:
FORMER CONFORMED NAME: PARAMETRIC TECHNOLOGY CORP
DATE OF NAME CHANGE: 19920703
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HEPPELMANN JAMES E
CENTRAL INDEX KEY: 0001186555
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-18059
FILM NUMBER: 131215313
MAIL ADDRESS:
STREET 1: C/O PARAMETRIC TECHNOLOGY CORP
STREET 2: 140 KENDRICK ST.
CITY: NEEDHAM
STATE: MA
ZIP: 02494
4
1
doc1.xml
FORM 4
X0306
4
2013-11-11
0
0000857005
PTC INC.
PMTC
0001186555
HEPPELMANN JAMES E
140 KENDRICK STREET
NEEDHAM
MA
02494
1
1
0
0
President and CEO
Common Stock
2013-11-12
4
S
0
25000
32.0608
D
337896
D
Restricted Stock Units
2013-11-11
4
A
0
73849
0
A
Common Stock
73849
73849
D
Restricted Stock Units
2013-11-11
4
A
0
73849
0
A
Common Stock
73849
73849
D
Shares sold pursuant to a pre-established Rule 10b5-1(c) trading plan.
This transaction was executed in multiple trades at prices ranging from $31.905 to $32.31. 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.
Each restricted stock unit represents a contingent right to one share of PTC Inc. common stock.
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.
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.
This amount represents the total number of derivative securities beneficially owned of the class shown.
Catherine Gorecki by power of attorney filed 11/2/2007
2013-11-13