Company: PTC
Filing Date: 2025-01-02
Form Type: DEF 14A
Source: 0001104659-25-000041
Chunk: 36

Company: PTC INC.
Filing Date: 2025-01-02
Form: DEF 14A
Chunk 36
---
 ​ | ​ | ​ | ​                                                                           | $ |  2,999,555 | ​ | ​ |

(2) For all years other than 2024 for Mr. Heppelmann, these amounts were paid in shares of PTC common stock, with the number granted determined by dividing the amount earned by the closing price of a share of PTC common stock on November 21, 2024, November 27, 2023 and November 15, 2022, respectively. (3) For Mr. Talvitie, Ms. Kniker, and Mr. von Staats, matching contributions under PTC’s 401(k) Savings Plan of $10,350, $10,131, and $10,350, respectively. For Mr. Talvitie, a matching contribution of $1,154 under PTC’s HSA Plan. For Mr. Talvitie and Ms. Kniker, taxable prize income of $69 and $92, respectively. (4) Mr. Barua’s compensation for 2024 included a matching contribution of $10,350 under PTC’s 401(k) Savings Plan, and a matching contribution of $1,154 under PTC’s HSA Plan . (5) As agreed in July 2024, Mr. DiTullio ceased serving as President and Chief Operating Officer as of October 1, 2024 and will serve as a strategic advisor to the company through June 30, 2025. Mr. DiTullio’s compensation for 2024 included a matching contribution of $10,350 under PTC’s 401(k) Savings Plan and $1,100,000 in accrued severance in connection with his termination as President and Chief Operating Officer pursuant to the terms of his Executive Agreement, consisting of 1x base salary ($550,000) and 1x target bonus ($550,000). (6) Mr. Heppelmann ceased serving as Chief Executive Officer on February 14, 2024 pursuant to a Board-led CEO succession. Mr. Heppelmann’s compensation for 2024 included a matching contribution of $4,512 under PTC’s 401(k) Savings Plan, a gift valued at $3,105, a payout of $19,615 for unused PTO, and $5,121,686 in accrued severance in connection with his termination as CEO pursuant to the terms of his Executive Agreement, consisting of 2x base salary ($1,