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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (2) | 11/15/2013 | M | 8,171 | (3) | (3) | Common Stock | 8,171 | $ 0 | 0 (10) | D | ||||
Restricted Stock Units | (2) | 11/15/2013 | M | 8,171 | (4) | (4) | Common Stock | 8,171 | $ 0 | 0 (10) | D | ||||
Restricted Stock Units | (2) | 11/15/2013 | M | 13,546 | (5) | (5) | Common Stock | 13,546 | $ 0 | 13,545 (10) | D | ||||
Restricted Stock Units | (2) | 11/15/2013 | M | 8,825 | (6) | (6) | Common Stock | 8,825 | $ 0 | 8,825 (10) | D | ||||
Restricted Stock Units | (2) | 11/15/2013 | M | 9,030 | (7) | (7) | Common Stock | 9,030 | $ 0 | 9,030 (10) | D | ||||
Restricted Stock Units | (2) | 11/15/2013 | M | 7,425 | (8) | (8) | Common Stock | 7,425 | $ 0 | 18,146 (10) | D | ||||
Restricted Stock Units | (2) | 11/15/2013 | M | 12,786 | (9) | (9) | Common Stock | 12,786 | $ 0 | 25,570 (10) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
DIBONA ANTHONY 140 KENDRICK STREET NEEDHAM, MA 02494 |
EVP Global Support |
Catherine Gorecki by power of attorney filed 11/2/2007 | 11/19/2013 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Tendered to Issuer to satisfy tax withholding obligations of Reporting Person incurred in connection with the vesting of 67,954 shares of the Reporting Person's restricted stock unit awards on November 15, 2013. |
(2) | Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock. |
(3) | Performance-based restricted stock units subject to subsequent time-based restrictions that vested as to 8,172 RSUs on November 15, 2011 and 8,171 RSUs on November 15, 2012 and November 15, 2013. |
(4) | Time-based restricted stock units that vested as to 8,172 RSUs on November 15, 2011 and 8,171 RSUs on November 15, 2012 and November 15, 2013. |
(5) | Performance-based restricted stock units that may be earned only to the extent the established performance criteria are met. The performance criteria for the first period were met and 13,546 RSUs vested on November 15, 2013. The remaining RSUs will vest on the later of November 15, 2014 and the date the Compensation Committee determines the extent to which the performance criteria for the second period have been achieved. |
(6) | Performance-based restricted stock units subject to subsequent time-based restrictions that vested as to 8,826 RSUs on November 15, 2012, 8,825 RSUs on November 15, 2013, and will vest as to 8,825 RSUs on November 15, 2014. |
(7) | Time-based restricted stock awards that vested as to 9,031 RSUs on November 15, 2012, 9,030 RSUs on November 15, 2013 and will vest as to 9,030 RSUs on November 15, 2014. |
(8) | Performance-based restricted stock units that are earned only to the extent the established performance criteria for each of the three performance periods are met. The criteria were met in part for the first period and 7,425 RSUs vested on November 15, 2013. Up to a total of two-thirds of the units awarded (less any vested for the first period) are eligible to vest on the later of November 15, 2014 and the date the Compensation Committee determines the performance criteria for the second period have been achieved and up to all of the units awarded are eligible to vest on the later of November 15, 2015 and the date the Compensation Committee determines the performance criteria for the third period have been achieved. |
(9) | Time-based restricted stock awards that vested as to 12,786 RSUs on November 15, 2013 and will vest as to 12,785 RSUs on November 15, 2014 and November 15, 2015. |
(10) | This amount represents the total number of derivative securities beneficially owned of the class shown. |