PTC appoints Janesh Moorjani (Elastic CFO/COO) to Board, effective June 7, 2023

PTC INC.

Moorjani, 50, currently CFO and COO of Elastic N.V., joins PTC board and Audit Committee.
Annual cash retainer $60k; annual equity retainer RSUs valued at ~$250k, prorated.
One-time initial director RSU grant valued at $375k, vesting in two installments June 2024/2025.
Audit Committee cash retainer of $15k, prorated and payable quarterly.

item 5.02

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Appointed

Janesh Moorjani

Director

PTC · PTC INC.

Effective: 2023-06-07
Filed: June 5, 2023, 7:59 PM ET

On June 1, 2023, Janesh Moorjani was appointed to the Board of Directors of PTC Inc., effective as of June 7, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Janesh Moorjani was appointed as Director at PTC INC..

Action: appointed
Role: Director

Exact text from the filing

On June 1, 2023, Janesh Moorjani was appointed to the Board of Directors of PTC Inc., effective as of June 7, 2023.

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Source: SEC EDGAR

accession 0000950170-23-026350

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