4//SEC Filing
CUNNINGHAM PAUL J 4
Accession 0001140361-10-046205
CIK 0000857005other
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 1:59 PM ET
Size
15.8 KB
Accession
0001140361-10-046205
Insider Transaction Report
Form 4
CUNNINGHAM PAUL J
EVP Worldwide Sales
Transactions
- Exercise/Conversion
Restricted Stock Units
2010-11-15−31,752→ 31,751 total→ Common Stock (31,752 underlying) - Sale
Common Stock
2010-11-16$20.92/sh−49,715$1,040,232→ 51,802 total - Exercise/Conversion
Restricted Stock Units
2010-11-15−16,377→ 32,754 total→ Common Stock (16,377 underlying) - Exercise/Conversion
Common Stock
2010-11-15+64,506→ 128,450 total - Tax Payment
Common Stock
2010-11-15$21.79/sh−26,933$586,870→ 101,517 total - Exercise/Conversion
Restricted Stock Units
2010-11-15−16,377→ 32,754 total→ Common Stock (16,377 underlying)
Footnotes (7)
- [F1]Each restricted stock unti represents a contingent right to receive one share of Parametric Technology Corporation common stock.
- [F2]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.
- [F3]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.
- [F4]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.
- [F5]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.
- [F6]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.
- [F7]This amount represents the total number of derivative securities beneficially owned of the class shown.
Documents
Issuer
PARAMETRIC TECHNOLOGY CORP
CIK 0000857005
Entity typeother
Related Parties
1- filerCIK 0001188132
Filing Metadata
- Form type
- 4
- Filed
- Nov 16, 7:00 PM ET
- Accepted
- Nov 17, 1:59 PM ET
- Size
- 15.8 KB