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PTC INC. — Director's Dealing 2011
Nov 17, 2011
30223_dirs_2011-11-17_44254d40-a731-4600-b4dd-0aacb666ac66.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PARAMETRIC TECHNOLOGY CORP (PMTC)
CIK: 0000857005
Period of Report: 2011-11-15
Reporting Person: Gremley Robert C (EVP, Chief Marketing Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-11-15 | Common Stock | M | 30784 | — | Acquired | 81008 | Direct |
| 2011-11-15 | Common Stock | F | 9777 | $21.27 | Disposed | 71231 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-11-15 | Restricted Stock Units | $ | M | 12210 | Disposed | Common Stock (12210) | Direct | |
| 2011-11-15 | Restricted Stock Units | $ | M | 5482 | Disposed | Common Stock (5482) | Direct | |
| 2011-11-15 | Restricted Stock Units | $ | M | 5482 | Disposed | Common Stock (5482) | Direct | |
| 2011-11-15 | Restricted Stock Units | $ | M | 3805 | Disposed | Common Stock (3805) | Direct | |
| 2011-11-15 | Restricted Stock Units | $ | M | 3805 | Disposed | Common Stock (3805) | Direct |
Footnotes
F1: Each restricted stock unit 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 30,784 shares of the Reporting Person's restricted stock unit awards on November 15, 2011.
F3: Time-based restricted stock units that vested as to 12,210 RSUs on November 15, 2009 and 12,210 RSUs on November 15, 2010 and 12,210 RSUs on November 15, 2011.
F4: Time-based restricted stock units that vested as to 5,483 RSUs on November 15, 2010 and 5,482 RSUs on November 15, 2011 and will vest as to 5,482 RSUs on November 15, 2012.
F5: Performance-based restricted stock units subject to subsequent time-based restrictions that vested as to 5,483 RSUs on November 15, 2010 and 5,482 RSUs on November 15, 2011 and will vest as to 5,482 RSUs on November 15, 2012.
F6: Performance-based restricted stock units subject to subsequent time-based restrictions that vested as to 3,805 RSUs on November 15, 2011 and will vest as to 3,805 RSUs on November 15, 2012 and 3,805 RSUs on November 15, 2013.
F7: Time-based restricted stock units that vested as to 3,805 RSUs on November 15, 2011 and will vest as to 3,805 RSUs on November 15, 2012 and 3,805 RSUs on November 15, 2013.
F8: This amount represents the total number of derivative securities beneficially owned of the class shown.