UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
| Date of report (Date of earliest event reported) | April 26, 2011 |
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| Parametric Technology Corporation |
| (Exact Name of Registrant as Specified in Its Charter) |
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| Massachusetts |
| (State or Other Jurisdiction of Incorporation) |
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| 0-18059 | 04-2866152 |
| (Commission File Number) | (IRS Employer Identification No.) |
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140 Kendrick Street Needham, Massachusetts | 02494-2714 |
| (Address of Principal Executive Offices) | (Zip Code) |
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| (781) 370-5000 |
| (Registrant’s Telephone Number, Including Area Code) |
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| (Former Name or Former Address, if Changed Since Last Report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): |
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| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Section 2 - Financial Information
Item 2.02. Results of Operations and Financial Condition.
On April 27, 2011, Parametric Technology Corporation issued a press release announcing results for its second fiscal quarter ended April 2, 2011. PTC also posted a copy of its supplemental prepared remarks with respect to the completed quarter on the Investor Relations section of its website at www.ptc.com. A copy of the press release and a copy of the prepared remarks are furnished herewith as Exhibits 99.1 and 99.2, respectively.
Section 5 – Corporate Governance and Management
| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On April 26, 2011, Paul Cunningham, our Executive Vice President, Worldwide Sales, resigned effective November 15, 2011. As of April 28, 2011, Mr. Cunningham will continue with PTC as Executive Advisor for the transition period.
Section 9 - Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| 99.1 | A copy of the press release issued by Parametric Technology Corporation on April 27, 2011 is furnished herewith. |
| 99.2 | A copy of the prepared remarks posted by Parametric Technology Corporation to its website on April 27, 2011 is furnished herewith. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | Parametric Technology Corporation | |
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| Date: April 27, 2011 | By: | /s/ Jeffrey Glidden | |
| | | Jeffrey Glidden | |
| | | Executive Vice President and Chief Financial Officer |
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