4//SEC Filing
Berutti William 4
Accession 0001140361-11-051458
CIK 0000857005other
Filed
Nov 1, 8:00 PM ET
Accepted
Nov 2, 5:05 PM ET
Size
11.0 KB
Accession
0001140361-11-051458
Insider Transaction Report
Form 4
Berutti William
EVP PTC Business Units
Transactions
- Award
Restricted Stock Units
2011-11-01+15,751→ 15,751 total→ Common Stock (15,751 underlying) - Award
Restricted Stock Units
2011-11-01+15,751→ 15,751 total→ Common Stock (15,751 underlying) - Award
Restricted Stock Units
2011-11-01+15,751→ 15,751 total→ Common Stock (15,751 underlying)
Footnotes (5)
- [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, 2012 or the date the Compensation Committee determines the performance criteria have been achieved, (ii) November 15, 2013 and (iii) November 15, 2014.
- [F3]Performance-based restricted stock units that may be earned only to the extent the established performance criteria are met. Vesting of up to half of these restricted stock units will occur on the later of November 15, 2013 and the date the Compensation Committee determines the extent to which the performance criteria have been achieved, and vesting of up to the remaining half of these restricted stock units, plus any unearned in the first period, will occur on the later of November 15, 2014 and the date the Compensation Committee determines the extent to which the performance criteria have been achieved, in each case only if and to the extent the applicable performance criteria have been achieved.
- [F4]Time-based restricted stock units that vest in three substantially equal increments on each of November 15, 2012, November 15, 2013, and November 15, 2014.
- [F5]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 0001521513
Filing Metadata
- Form type
- 4
- Filed
- Nov 1, 8:00 PM ET
- Accepted
- Nov 2, 5:05 PM ET
- Size
- 11.0 KB