SEC Form 4 · accession 0001140361-15-042041
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 15, 2015
Accepted (ET)
Nov 17, 2015 · 4:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000857005
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 15, 2015 | M | 265,639 | $0.00 | A | 799,148 | D | |
| Common StockF1 | Nov 15, 2015 | F | 120,967 | $35.16 | D | 678,181 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF8,F2,F3 | — | Nov 15, 2015 | M | 60,323 | D | — | — | Common Stock | 60,323 | 0 | D |
| Restricted Stock UnitsF8,F2,F4 | — | Nov 15, 2015 | M | 59,654 | D | — | — | Common Stock | 59,654 | 0 | D |
| Restricted Stock UnitsF8,F2,F5 | — | Nov 15, 2015 | M | 75,024 | D | — | — | Common Stock | 75,024 | 0 | D |
| Restricted Stock UnitsF8,F2,F6 | — | Nov 15, 2015 | M | 49,232 | D | — | — | Common Stock | 49,232 | 49,232 | D |
| Restricted Stock UnitsF8,F2,F7 | — | Nov 15, 2015 | M | 21,356 | D | — | — | Common Stock | 21,356 | 42,711 | D |
Explanation of responses
- F1Tendered to Issuer to satisfy tax withholding obligations of Reporting Person incurred in connection with the vesting of 265,639 shares of the Reporting Person's restricted stock unit awards on November 15, 2015.
- F2Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.
- F3Performance-based RSUs awarded on October 1, 2010 that vested as to 120,028 RSUs on November 15, 2013, as to 120,027 RSUs on November 15, 2014 and as to 60,323 RSUs on November 15, 2015.
- F4RSUs awarded on October 1, 2010 that vested as to 59,654 RSUs on November 15, 2015.
- F5RSUs awarded on November 5, 2012 that vested in three substantially equal annual installments on November 15, 2013, 2014 and 2015.
- F6RSUs awarded on November 11, 2013 that vest in three substantially equal annual installments on November 15, 2014, 2015 and 2016.
- F7RSUs awarded on November 10, 2014 that vest in three substantially equal installments on November 15, 2015, 2016 and 2017.
- F8This amount represents the total number of derivative securities beneficially owned of the class shown.