CUNNINGHAM PAUL J 4
4 · PARAMETRIC TECHNOLOGY CORP · Filed Nov 4, 2010
Insider Transaction Report
Form 4
CUNNINGHAM PAUL J
EVP Worldwide Sales
Transactions
- Award
Restricted Stock Units
2010-11-03+34,100→ 34,100 total→ Common Stock (34,100 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Parametric Technology Corporation common stock.
- [F2]Performance-based restricted stock units subject to subsequent time-based restrictions. The restricted stock units will be earned only to the extent the established performance criteria are met. The restricted stock units finally earned will vest as to one-third of such units on each of (i) the latter of November 15, 2011 or the date the Compensation Committee determines the performance criteria have been achieved, (ii) November 15, 2012 and (iii) November 15, 2013.