SEC Form 4 · accession 0001354488-17-000282
PTC INC. · PTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew Lessner Cohen
Officer — EVP, Customer Success
Period of report
Feb 15, 2017
Accepted (ET)
Feb 16, 2017 · 4:29 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 StockF1 | Feb 15, 2017 | M | 88 | $0.00 | A | 18,907 | D | |
| Common StockF2 | Feb 15, 2017 | F | 34 | $54.70 | D | 18,873 | 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 UnitsF5,F3,F4 | $0.00 | Feb 15, 2017 | M | 88 | D | — | — | Common Stock | 88 | 0 | D |
Explanation of responses
- F1Includes 569 shares acquired pursuant to the PTC 2016 Employee Stock Purchase Plan on January 31, 2017.
- F2Tendered to Issuer to satisfy tax withholding obligations of Reporting Person incurred in connection with the vesting of 88 restricted stock units on February 15, 2017.
- F3Each restricted stock unit represents a contingent right to one share of PTC Inc. common stock.
- F4Service-based restricted stock units that vested in three substantially equal increments on each of February 15, 2015, 2016 and 2017.
- F5This amount represents the total number of derivative securities beneficially owned of the class shown.