Filing Details

Accession Number:
0001140361-13-042216
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-11-13 16:51:37
Reporting Period:
2013-11-11
Filing Date:
2013-11-13
Accepted Time:
2013-11-13 16:51:37
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
857005 Ptc Inc. PMTC Services-Prepackaged Software (7372) 042866152
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1186555 E James Heppelmann 140 Kendrick Street
Needham MA 02494
President And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2013-11-12 25,000 $32.06 337,896 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Acquisiton 2013-11-11 73,849 $0.00 73,849 $0.00
Common Stock Restricted Stock Units Acquisiton 2013-11-11 73,849 $0.00 73,849 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
73,849 No 4 A Direct
73,849 No 4 A Direct
Footnotes
  1. Shares sold pursuant to a pre-established Rule 10b5-1(c) trading plan.
  2. This transaction was executed in multiple trades at prices ranging from $31.905 to $32.31. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
  3. Each restricted stock unit represents a contingent right to one share of PTC Inc. common stock.
  4. Performance-based restricted stock units that will be earned only to the extent the established performance criteria for each of the three performance periods are met. The restricted stock units earned will vest as to (i) up to one-third of the units awarded on the later of November 15, 2014 and the date the Compensation Committee determines the performance criteria have been achieved, (ii) up to a total of two-thirds of the units awarded on the later of November 15, 2015 and the date the Compensation Committee determines the performance criteria have been achieved, and (iii) up to all of the units awarded on the later of November 15, 2016 and the date the Compensation Committee determines the performance criteria have been achieved.
  5. Time-based restricted stock units that vest in three substantially equal installments on each of November 15, 2014, November 15, 2015 and November 15, 2016.
  6. This amount represents the total number of derivative securities beneficially owned of the class shown.