PTC appoints Amar Hanspal to board of directors effective April 1, 2022

PTC INC.

Amar Hanspal, 58, former Bright Machines CEO and Autodesk co-CEO appointed to PTC board.
Hanspal led Autodesk's transition from on-premise to SaaS-based subscription model.
Annual cash retainer of $51,800 plus annual equity RSUs valued at ~$215,753.
One-time onboarding RSU grant of $375,000 vesting in two equal annual installments.
Committee assignments to be determined at a later date.

item 5.02

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Appointed

Amar Hanspal

Director

PTC · PTC INC.

Effective: 2022-04-01
Filed: March 15, 2022, 7:59 PM ET

On March 12, 2022, Amar Hanspal was appointed to the Board of Directors of PTC, effective as of April 1, 2022.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Amar Hanspal was appointed as Director at PTC INC..

Action: appointed
Role: Director

Exact text from the filing

On March 12, 2022, Amar Hanspal was appointed to the Board of Directors of PTC, effective as of April 1, 2022.

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Source: SEC EDGAR

accession 0001564590-22-010453

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