X0306 4 2020-11-17 false 0000857005 PTC INC. PTC 0001803580 CAMACHO EDUARDA 121 SEAPORT BOULEVARD BOSTON MA 02210 true false EVP, Chief Customer Officer Common Stock 2020-11-19 4 S false 3130 98.2813 D 10926 D Common Stock 399 I By Spouse Restricted Stock Untis 2020-11-17 4 A false 4752 0 A Common Stock 4752 4752 D Restricted Stock Units 2020-11-17 4 A false 9505 0 A Common Stock 9505 9505 D Restricted Stock Units 2020-11-17 4 A false 4752 0 A Common Stock 4752 4742 D This transaction was executed in multiple trades at prices ranging from $98.27 to $98.49. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock. Target performance-based RSUs that can be earned to the extent the rTSR performance-measure is met for each of the three performance periods. RSUs earned are eligible to vest in three substantially equal installments on November 15, 2021, 2022 and 2023. Service-based RSUs that vest in three substantially equal installments on November 15, 2021, 2022 and 2023. Target performance-based RSUs that can be earned to the extent the adjusted free cash flow performance-measure is met for each of the three performance periods. RSUs earned are eligible to vest in three substantially equal installments on November 15, 2021, 2022 and 2023. This amount represents the total number of derivative securities beneficially owned of the class shown. /s/ Catherine Gorecki by power of attorney filed 02/13/2020 2020-11-19