SEC Form 4 · accession 0001654954-17-001652
PTC INC. · PTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Schechter
Director
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 4:01 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 | Dec 23, 2016 | G | 2,000 | $0.00 | D | 58,035 | D | |
| Common Stock | Mar 1, 2017 | M | 9,339 | $0.00 | A | 67,374 | 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,F2,F3 | — | Mar 1, 2017 | M | 9,339 | D | — | — | Common Stock | 9,339 | 0 | D |
| Restricted Stock UnitsF5,F2,F4 | — | Mar 1, 2017 | A | 5,381 | A | — | — | Common Stock | 5,381 | 5,381 | D |
Explanation of responses
- F1Donation to the Schechter Family Foundation, a charitable foundation.
- F2Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.
- F3Time-based restricted stock units that vested on March 1, 2017.
- F4Time-based restricted stock units that vest on the earlier of the date of PTC Inc.'s 2018 Annual Stockholder Meeting or March 15, 2018.
- F5This amount represents the total number of derivative securities beneficially owned of the class shown.