0001654954-17-010856.txt : 20171117
0001654954-17-010856.hdr.sgml : 20171117
20171117160557
ACCESSION NUMBER: 0001654954-17-010856
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20171115
FILED AS OF DATE: 20171117
DATE AS OF CHANGE: 20171117
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: COHEN BARRY F
CENTRAL INDEX KEY: 0001185279
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-18059
FILM NUMBER: 171211000
MAIL ADDRESS:
STREET 1: C/O PARAMETRIC TECHNOLOGY CORP
STREET 2: 140 KENDRICK STREET
CITY: NEEDHAM
STATE: MA
ZIP: 02494
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
4
1
section16.xml
FORM 4
X0306
4
2017-11-15
0000857005
PTC INC.
PTC
0001185279
COHEN BARRY F
140 KENDRICK STREET
NEEDHAM
MA
02494
false
true
false
false
EVP, Chief Strategy Officer
Common Stock
2017-11-15
4
M
false
82153
0
A
161882
D
Common Stock
2017-11-15
4
F
false
37668
63.92
D
124214
D
Restricted Stock Units
2017-11-15
4
M
false
8429
0
D
Common Stock
8429
0
D
Restricted Stock Units
2017-11-15
4
A
false
19641
0
A
Common Stock
19641
19641
D
Restricted Stock Units
2017-11-15
4
M
false
19641
0
D
Common Stock
19641
0
D
Restricted Stock Units
2017-11-15
4
M
false
10532
0
D
Common Stock
10532
10531
D
Restricted Stock Units
2017-11-15
4
A
false
19411
0
A
Common Stock
19411
19411
D
Restricted Stock Units
2017-11-15
4
M
false
19411
0
D
Common Stock
19411
0
D
Restricted Stock Units
2017-11-15
4
M
false
7291
0
D
Common Stock
7291
16055
D
Restricted Stock Units
2017-11-15
4
A
false
11847
0
A
Common Stock
11847
11847
D
Restricted Stock Units
2017-11-15
4
M
false
3949
0
D
Common Stock
3949
7898
D
Restricted Stock Units
2017-11-15
4
A
false
12245
0
A
Common Stock
12245
12245
D
Restricted Stock Units
2017-11-15
4
M
false
12245
0
D
Common Stock
12245
0
D
Restricted Stock Units
2017-11-15
4
A
false
19555
0
A
Common Stock
19555
19555
D
Restricted Stock Units
2017-11-15
4
M
false
655
0
D
Common Stock
655
18900
D
Tendered to Issuer to satisfy tax withholding obligations of Reporting Person incurred in connection with the vesting of 82,153 shares of the Reporting Person's restricted stock unit awards on November 15, 2017.
Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.
RSUs granted on November 10, 2014 that vested in three substantially equal annual installments on November 15, 2015, 2016 and 2017.
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 19,641 RSUs were earned and vested.
RSUs granted on November 2, 2015 that vest in three substantially equal installments on November 15, 2016, 2017 and 2018.
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 19,411 RSUs were earned and vested.
RSUs granted on October 31, 2016 that vest in three substantially equal installments on November 15, 2017, 2018 and 2019.
Aspirational performance-based RSUs granted on October 31, 2016. The performance measure was met at 49.2% and 11,847 RSUs were earned. The RSUs earned vest in three substantially equal installments on November 15, 2017, 2018 and 2019.
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 12,245 RSUs were earned and vested.
RSUs granted on November 15, 2017 that vest in three substantially equal installments on November 15, 2018, 2019 and 2020.
RSUs granted on November 15, 2017 that vested to satisfy the tax withholding obligations of the reporting person.
This amount represents the total number of derivative securities beneficially owned of the class shown.
/s/Deanna Osganian by power of attorney filed 7/24/2017
2017-11-17