X0202 4 2005-07-05 0 0000857005 PARAMETRIC TECHNOLOGY CORP PMTC 0001186555 HEPPELMANN JAMES E C/O PARAMETRIC TECHNOLOGY CORP 140 KENDRICK ST. NEEDHAM MA 02494 0 1 0 0 EVP,Software Solutions & CTO Employee Stock Option (right to buy) 15.5625 2005-07-05 5 J 0 E 50000 0 D 2000-09-16 2009-09-16 Common Stock 50000 2430320 D Employee Stock Option (right to buy) 41.5127 2005-07-05 5 J 0 E 17320 0 D 1997-09-03 2006-09-03 Common Stock 17320 2413000 D Employee Stock Option (right to buy) 22.9375 2005-07-05 5 J 0 E 100000 0 D 2001-02-10 2010-02-10 Common Stock 100000 2313000 D The reporting person is voluntarily reporting the cancellation for no value of all options held by the reporting person having exercise prices at or above $15.50 per share. They were surrendered to the Issuer for no consideration in a transaction exempt from Section 16. Christopher J. MacKrell by power of attorney dated February 5, 2003 and filed herewith 2005-07-06