Company: PTC
Filing Date: 2025-12-23
Form Type: DEF 14A
Source: 0001104659-25-124170
Chunk: 30

Company: PTC INC.
Filing Date: 2025-12-23
Form: DEF 14A
Chunk 30
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 ​ | ​ | Performance Measure        | ​ | ​ | ​ | Threshold(1)(50% Earned) | ​ | ​ | ​ | Target(1)(100% Earned) | ​ | ​ | ​ | Upside(1)(200% Earned) | ​ |
| ​ |       2025 | ​ | ​ | ​ | Three Year Relative TSR(2) | ​ | ​ | ​ | 25th Percentile          | ​ | ​ | ​ | 50th Percentile        | ​ | ​ | ​ | 90th Percentile        | ​ |

(1) Linear interpolation applies for performance between levels. No payouts are earned for performance below threshold level. (2) If the weighted average PTC stock price as of September 30, 2024 is higher than the weighted average PTC stock price on September 30, 2027, the maximum number of PRSUs that can be earned is 100% of the PRSUs even if relative TSR is achieved above the 50th percentile. The stock price value is determined using a 30-day weighted average for the applicable period. PERFORMANCE-BASED RSU GOALS AND ACHIEVEMENT FOR PERFORMANCE PERIODS ENDING 2025 2023, 2024, and 2025 Operating Performance PRSUs Achievement As our operating performance-based RSUs have annual performance periods and vesting opportunities, one-third of the RSUs granted in 2023, 2024, and 2025 were eligible to be earned at the completion of 2025. The following chart shows the goals established on the grant date, and the actual results achieved for 2025. For additional details on the goal setting process for the ARR Growth measures, see 2025 Operating Performance PRSUs Goals .

| ​ | Grant Year | ​ | ​ | ​ | Performance Measure | ​ | ​ | ​ | Threshold(1)(50% Earned) |   |    |   | ​ | ​ | ​ | Target(1)(100% Earned) |   |     |   | ​ | ​ | ​ | Upside(1)(200% Earned) |   |     |   | ​ | ​ | ​ | Achievement |   |      |   | ​ | ​ | ​ | Earned |   |     |   | ​ |
| ​ |       2025 | ​ | ​ | ​ | 2025 ARR Growth     | ​ | ​ | ​ | ​