Company: PTC
Filing Date: 2025-12-23
Form Type: DEF 14A
Source: 0001104659-25-124170
Chunk: 43

Company: PTC INC.
Filing Date: 2025-12-23
Form: DEF 14A
Chunk 43
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             | ​ | ​ | ​ | ​ | ​                                                                | ​ | ​ | ​ | ​ | ​ | ​ | ​         | ​ |         ​ | ​ | ​ | ​ | ​ | ​          | ​ |         ​ | ​ | ​ |      ​ | ​ | ​                                                           | ​ | ​ | ​ | ​ |      ​ | ​ | ​         | ​ | ​ | ​ | ​ |      ​ | ​ | ​          | ​ | ​ | ​ | ​ |  6,461 | ​ | ​                                                                    | ​ | ​ | ​ | $ | 1,249,945 | ​ | ​                                        |   |   |   |   |

(1) For all RSUs other than the rTSR RSUs, the grant date fair value was calculated by multiplying the number of RSUs granted by the closing price of a share of our common stock on the Nasdaq Stock Market on the grant date and applying the likelihood of any performance measures being achieved. For the rTSR RSUs, the grant date fair value was determined using a Monte Carlo valuation. (2) Awards under our annual corporate incentive plan (“CIP”). Amounts earned were paid in common stock valued at the fair market value on the date delivered. Each executive could earn a maximum of 200% of such executive’s CIP Target bonus; however, as the aggregate amount payable to all executives was limited to the actual Free Cash Flow performance achieved multiplied by the aggregate of the executives’ CIP Target bonuses , not all executives could be paid 200% of their respective CIP Target bonuses. Amounts paid are shown in the Summary Compensation Table. (3) Performance-based RSUs eligible to vest over three years to the extent the ARR performance measures are met for each of 2025, 2026 and 2027. Only one-third of the RSUs granted are eligible to be earned for each of 2025, 2026 and 2027. RSUs not earned in a year are forfeited. (4) Performance-based RSUs eligible to vest in 2027 to the extent the three-year relative TSR performance measure is met. RSUs not earned for the three-year performance period are forfeited. (5) Time-based RSUs that vest in three substantially equal installments in November 2025, 2026 and 2027. (6) Time-based RSUs that vest in three relatively equal installments in December 2025, 2026 and 2027.