0001140361-12-046078.txt : 20121107 0001140361-12-046078.hdr.sgml : 20121107 20121107162138 ACCESSION NUMBER: 0001140361-12-046078 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20121105 FILED AS OF DATE: 20121107 DATE AS OF CHANGE: 20121107 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PARAMETRIC TECHNOLOGY CORP 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: 140 KENDRICK STREET CITY: NEEDHAM STATE: MA ZIP: 02494 BUSINESS PHONE: 7813705000 MAIL ADDRESS: STREET 1: 140 KENDRICK STREET CITY: NEEDHAM STATE: MA ZIP: 02494 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: 121187029 MAIL ADDRESS: STREET 1: C/O PARAMETRIC TECHNOLOGY CORP STREET 2: 140 KENDRICK ST. CITY: NEEDHAM STATE: MA ZIP: 02494 4 1 doc1.xml FORM 4 X0306 4 2012-11-05 0 0000857005 PARAMETRIC TECHNOLOGY CORP PMTC 0001186555 HEPPELMANN JAMES E 140 KENDRICK STREET NEEDHAM MA 02494 1 1 0 0 President and CEO Common Stock 2012-11-05 4 M 0 30000 11.4750 A 307508 D Common Stock 2012-11-05 4 S 0 40000 20.9676 D 267508 D Employee Stock Option 11.4750 2012-11-05 4 M 0 30000 0 D 2014-03-03 Common Stock 30000 89999 D Restricted Stock Units 2012-11-05 4 A 0 90391 0 A Common Stock 90391 90391 D Restricted Stock Units 2012-11-05 4 A 0 135587 0 A Common Stock 135587 135587 D Options exercised and shares sold pursuant to a pre-established Rule 10b5-1(c) trading plan. This transaction was executed in multiple trades at prices ranging from $20.765 to $21.19. The price reported above reflects the weighted average purchase 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. The options became exercisable as to 30,000 shares on each of March 3, 2005, 2006, 2007 and 29,999 shares on March 3, 2008. Each restricted stock unit represents a contingent right to each of one share of Parametric Technology Corporation common stock. Performance-based restricted stock units that will be earned only to the extent the established performance criteria for each of the three performance periods are met. The restricted stock units earned will vest as to (i) up to one-third of the units awarded on the later of November 15, 2013 and the date the Compensation Committee determines the performance criteria have been achieved, (ii) up to a total of two-thirds of the units awarded on the later of November 15, 2014 and the date the Compensation Committee determines the performance criteria have been achieved, and (iii) up to all of the units awarded on the later of November 15, 2015 and the date the Compensation Committee determines the performance criteria have been achieved. Time-based restricted stock units that vest in three substantially equal increments on each of November 15, 2013, November 15, 2014 and November 15, 2015. This amount represents the total number of derivative securities benefically owned of the class shown. Catherine Gorecki by power of attorney filed 11/2/2007 2012-11-07