Filing Details

Accession Number:
0001140361-10-046205
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-11-17 13:59:58
Reporting Period:
2010-11-15
Filing Date:
2010-11-17
Accepted Time:
2010-11-17 13:59:58
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
857005 Parametric Technology Corp PMTC Services-Prepackaged Software (7372) 042866152
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1188132 J Paul Cunningham 140 Kendrick Street
Needham MA 02494
Evp Worldwide Sales No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-11-15 64,506 $0.00 128,450 No 4 M Direct
Common Stock Disposition 2010-11-15 26,933 $21.79 101,517 No 4 F Direct
Common Stock Disposition 2010-11-16 49,715 $20.92 51,802 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2010-11-15 16,377 $0.00 16,377 $0.00
Common Stock Restricted Stock Units Disposition 2010-11-15 16,377 $0.00 16,377 $0.00
Common Stock Restricted Stock Units Disposition 2010-11-15 31,752 $0.00 31,752 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
32,754 No 4 M Direct
32,754 No 4 M Direct
31,751 No 4 M Direct
Footnotes
  1. Each restricted stock unti represents a contingent right to receive one share of Parametric Technology Corporation common stock.
  2. Tendered to Issuer to satisfy tax withholding obligations of Reporting Person incurred in connection with the vesting of 64,506 shares of the Reporting Person's restricted stock unit awards on November 15, 2010.
  3. This transaction was executed in multiple trades at prices ranging from $20.77 to $21.11. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
  4. Time-based restricted stock units that vested as to 16,377 RSUs on November 15, 2010 and vest as to 16,377 RSUs on November 15, 2011 and 16,377 RSUs on November 15, 2012.
  5. Performance-based restricted stock units subject to subsequent time-based restrictions that vested as to 16,377 RSUs on November 15, 2010 and vest as to 16,377 RSUs on November 15, 2011 and 16,377 RSUs on November 15, 2012.
  6. Time-based restricted stock untis that vested as to 31,752 RSUs on November 15, 2009 and 31,752 RSUs on November 15, 2010 and will vest as to 31,751 RSUs on November 15, 2011.
  7. This amount represents the total number of derivative securities beneficially owned of the class shown.