<SEC-DOCUMENT>0001654954-22-015508.txt : 20221117
<SEC-HEADER>0001654954-22-015508.hdr.sgml : 20221117
<ACCEPTANCE-DATETIME>20221117180354
ACCESSION NUMBER:		0001654954-22-015508
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20221115
FILED AS OF DATE:		20221117
DATE AS OF CHANGE:		20221117

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HEPPELMANN JAMES E
		CENTRAL INDEX KEY:			0001186555

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-18059
		FILM NUMBER:		221399927

	MAIL ADDRESS:	
		STREET 1:		C/O PARAMETRIC TECHNOLOGY CORP
		STREET 2:		140 KENDRICK ST.
		CITY:			NEEDHAM
		STATE:			MA
		ZIP:			02494

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PTC INC.
		CENTRAL INDEX KEY:			0000857005
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				042866152
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0930

	BUSINESS ADDRESS:	
		STREET 1:		121 SEAPORT BOULEVARD
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02210
		BUSINESS PHONE:		7813705000

	MAIL ADDRESS:	
		STREET 1:		121 SEAPORT BOULEVARD
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02210

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PARAMETRIC TECHNOLOGY CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
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<SEQUENCE>1
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<DESCRIPTION>JHEPPELMANN FORM 4
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            <securityTitle>
                <value>Restricted Stock Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F4"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2022-11-15</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>10379</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F13"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F13"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>10379</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>13930</value>
                    <footnoteId id="F14"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Shares earned under FY22 Corporate Incentive Plan.</footnote>
        <footnote id="F2">Tendered to Issuer to satisfy tax withholding obligations of the Reporting Person on the shares released.</footnote>
        <footnote id="F3">Gift to the Renaissance Charitable Foundation, Inc.</footnote>
        <footnote id="F4">Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.</footnote>
        <footnote id="F5">Performance based RSUs granted on November 21, 2019 that could be earned for FY22 that were earned and vested on November 15, 2022.</footnote>
        <footnote id="F6">Performance based RSUs granted on November 21, 2019 that could be earned for FY22 that were earned and vested on November 15, 2022.</footnote>
        <footnote id="F7">RSUs granted on November 21, 2019 that vested  on November 15, 2022.</footnote>
        <footnote id="F8">Performance-based RSUs granted on September 24, 2020 that could be earned for FY22 that earned and vested on November 15, 2022.</footnote>
        <footnote id="F9">RSUs granted on November 17, 2020 that vest in three substantially equal installments on November 15, 2021, 2022 and 2023.</footnote>
        <footnote id="F10">RSUs granted on November 17, 2021 that vest in three substantially equal installments on November 15, 2022, 2023 and 2024.</footnote>
        <footnote id="F11">Performance based RSUs granted on November 17, 2020 that could be earned for FY22 that were earned and vested on November 15, 2022.</footnote>
        <footnote id="F12">Performance based RSUs granted on November 17, 2020 that could be earned for FY22 that were earned and vested on November 15, 2022.</footnote>
        <footnote id="F13">Performance based RSUs granted on November 17, 2021 that could be earned for FY22 that were earned and vested on November 15, 2022..</footnote>
        <footnote id="F14">This amount represents the total number of derivative securities beneficially owned of the class shown.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/Catherine Gorecki by power of attorney filed 11/2/2007</signatureName>
        <signatureDate>2022-11-17</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
