Company: PTC
Filing Date: 2025-01-02
Form Type: DEF 14A
Source: 0001104659-25-000041
Chunk: 52

Company: PTC INC.
Filing Date: 2025-01-02
Form: DEF 14A
Chunk 52
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 2022 and 2021, respectively also include: $ 0, $ 13,133,317, $ 10,347,649and $ 14,917,434for the fair value of stock awards that were granted in the year and remain outstanding at the end of each respective year; $ 0, $ 9,348,375, ($ 2,517,223) and $ 25,326,040for the change in fair value of stock awards that were granted in prior years and remain outstanding at the end of each respective year; $ 9,368,540for the fair value of stock awards that were granted and vested in the same year for 2024; and $ 3,949,763, $ 7,786,223, $ 76,493and $ 1,446,533for the change in fair value of stock awards that were granted in prior years and vested during each respective year. (2) Mr. Baruahas served as our PEO since February 14, 2024 (“Second PEO”). Amounts deducted from the SCT total to calculate CAP to the Second PEO for 2024 include ($ 13,968,399) for the grant date fair value of stock awards. Amounts added to (or subtracted from) the SCT for 2024 also include: $ 14,988,992for the fair value of stock awards that were granted in the year and remain outstanding at the end of the year; $ 2,083,637for the change in fair value of stock awards that were granted in prior years and remain outstanding at the end of the year; and $ 596,009for the change in fair value of stock awards that were granted in prior years and vested during the year. (3) For 2024, Kristian Talvitie, Michael DiTullio, Catherine Kniker, and Aaron von Staatswere the Non-PEO NEOs. For 2023, Neil Barua, Kristian Talvitie, Michael DiTullio, and Aaron von Staatswere the Non-PEO NEOs. For 2022, Kristian Talvitie, Michael DiTullio, Catherine Kniker, Aaron von Staats, and Troy Richardsonwere the Non-PEO NEOs. For 2021, Kristian Talvitie, Michael DiTullio, Aaron von Staats, Troy Richardson, and Kathleen Mitfordwere the Non