0001140361-13-043509.txt : 20131119
0001140361-13-043509.hdr.sgml : 20131119
20131119161853
ACCESSION NUMBER: 0001140361-13-043509
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20131115
FILED AS OF DATE: 20131119
DATE AS OF CHANGE: 20131119
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: GLIDDEN JEFFREY D
CENTRAL INDEX KEY: 0001206588
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-18059
FILM NUMBER: 131230184
4
1
doc1.xml
FORM 4
X0306
4
2013-11-15
0
0000857005
PTC INC.
PMTC
0001206588
GLIDDEN JEFFREY D
140 KENDRICK STREET
NEEDHAM
MA
02494
0
1
0
0
Chief Financial Officer, EVP
Common Stock
2013-11-15
4
M
0
98345
0
A
151314
D
Common Stock
2013-11-15
4
F
0
41911
32.37
D
109403
D
Restricted Stock Units
2013-11-15
4
M
0
13164
0
D
Common Stock
13164
0
D
Restricted Stock Units
2013-11-15
4
M
0
13164
0
D
Common Stock
13164
0
D
Restricted Stock Units
2013-11-15
4
M
0
18901
0
D
Common Stock
18901
18901
D
Restricted Stock Units
2013-11-15
4
M
0
12314
0
D
Common Stock
12314
12314
D
Restricted Stock Units
2013-11-15
4
M
0
12601
0
D
Common Stock
12601
12600
D
Restricted Stock Units
2013-11-15
4
M
0
10360
0
D
Common Stock
10360
25320
D
Restricted Stock Units
2013-11-15
4
M
0
17841
0
D
Common Stock
17841
35680
D
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.
Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.
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.
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.
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.
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.
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.
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.
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.
This amount represents the total number of derivative securities beneficially owned of the class shown.
Catherine Gorecki by power of attorney filed 9/27/2010
2013-11-19