SEC Form 4 · accession 0001140361-15-040215
PTC INC. · PTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James E Heppelmann
Officer — President and CEO · Director
Period of report
Nov 5, 2015
Accepted (ET)
Nov 9, 2015 · 4:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000857005
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5,F1,F2 | — | Nov 5, 2015 | D | 59,654 | D | — | — | Common Stock | 59,654 | 60,373 | D |
| Restricted Stock UnitsF5,F1,F3 | — | Nov 5, 2015 | D | 29,829 | D | — | — | Common Stock | 29,829 | 0 | D |
| Restricted Stock UnitsF5,F1,F4 | — | Nov 5, 2015 | D | 49,232 | D | — | — | Common Stock | 49,232 | 0 | D |
| Restricted Stock UnitsF5,F1,F2 | — | Nov 5, 2015 | A | 59,654 | A | — | — | Common Stock | 59,654 | 59,654 | D |
| Restricted Stock UnitsF5,F1,F3 | — | Nov 5, 2015 | A | 29,829 | A | — | — | Common Stock | 29,829 | 29,829 | D |
| Restricted Stock UnitsF5,F1,F4 | — | Nov 5, 2015 | A | 49,232 | A | — | — | Common Stock | 49,232 | 49,232 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to one share of PTC Inc. common stock.
- F2Represents the deemed cancellation of the outstanding award and a replacement of the award due to the amendment of the award. The award was initially granted on October 1, 2010 and was eligible to vest in three equal annual installments on each of November 15, 2013, 2014 and 2015. The RSUs shown will vest on November 15, 2015.
- F3Represents the deemed cancellation of the outstanding award and a replacement of the award due to the amendment of the award. The award was initially granted on November 5, 2012 and was eligible to vest in three equal annual installments on each of November 15, 2013, 2014 and 2015. The RSUs shown will vest on November 15, 2015.
- F4Represents the deemed cancellation of the outstanding award and a replacement of the award due to the amendment of the award. The award was initially granted on November 11, 2013 and was eligible to vest in three equal annual installments on each of November 15, 2014, 2015 and 2016. The RSUs shown will vest in two substantially equal increments on November 15, 2015 and 2016.
- F5This amount represents the total number of derivative securities beneficially owned of the class shown.