0001654954-18-012896.txt : 20181116 0001654954-18-012896.hdr.sgml : 20181116 20181116162104 ACCESSION NUMBER: 0001654954-18-012896 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20181114 FILED AS OF DATE: 20181116 DATE AS OF CHANGE: 20181116 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: 181190046 MAIL ADDRESS: STREET 1: C/O PARAMETRIC TECHNOLOGY CORP STREET 2: 140 KENDRICK ST. 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 2018-11-14 false 0000857005 PTC INC. PTC 0001186555 HEPPELMANN JAMES E 140 KENDRICK ST. NEEDHAM MA 02494 true true false false President and CEO Common Stock 2018-11-15 4 M false 250038 0 A 837567 D Common Stock 2018-11-15 4 F false 109469 89.40 D 728098 D Restricted Stock Units 2018-11-15 4 M false 25927 0 D Common Stock 25927 25927 D Restricted Stock Units 2018-11-14 4 A false 77224 0 A Common Stock 77224 77224 D Restricted Stock Units 2018-11-15 4 M false 77224 0 D Common Stock 77224 0 D Restricted Stock Units 2018-11-14 4 A false 52698 0 A Common Stock 52698 52698 D Restricted Stock Units 2018-11-15 4 M false 52698 0 D Common Stock 52698 0 D Restricted Stock Units 2018-11-14 4 A false 19957 0 A Common Stock 19957 19957 D Restricted Stock Units 2018-11-15 4 M false 19957 0 D Common Stock 19957 0 D Restricted Stock Units 2018-11-15 4 M false 26502 0 D Common Stock 26502 0 D Restricted Stock Units 2018-11-15 4 M false 26349 0 D Common Stock 26349 26349 D Restricted Stock Units 2018-11-15 4 M false 21381 0 D Common Stock 21381 42761 D Restricted Stock Units 2018-11-14 4 A false 54009 0 A Common Stock 54009 54009 D 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 Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock. 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 77,781 RSUs were earned. The RSUs earned vest in three substantially equal installments on November 15, 2017, 2018 and 2019. 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 77224 RSUs were earned and vested. 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 52698 RSUs were earned and vested. 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 19957 RSUs were earned and vested. RSUs granted on November 2, 2015 that vested in three substantially equal installments on November 15, 2016, 2017 and 2018. RSUs granted on October 31, 2016 that vest in three substantially equal installments on November 15, 2017, 2018 and 2019. RSUs granted on November 15, 2017 that vest in three substantially equal installments on November 15, 2018, 2019 and 2020. RSUs granted on November 14, 2018 that vest in three substantially equal installments on November 15, 2019, 2020 and 2021. This amount represents the total number of derivative securities beneficially owned of the class shown. /s/Catherine Gorecki by power of attorney filed 11/2/2007 2018-11-16