SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 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): May 27, 2004 PARAMETRIC TECHNOLOGY CORPORATION (Exact name of registrant as specified in its charter) Massachusetts 0-18059 04-2866152 (State or other jurisdiction (Commission File (IRS Employer of incorporation) Number) Identification No.) 140 Kendrick Street, Needham, Massachusetts 02494 (Address of principal executive offices and zip code) Registrant's telephone number, including area code: (781) 370-5000 Item 5. Other. On May 27, 2004, we announced that Joseph M. O'Donnell was elected by the Board of Directors a Class III Director of the Company. A copy of the related press release is filed herewith as Exhibit 99.1. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibits: 99.1 Press release issued by Parametric Technology Corporation on May 27, 2004. 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 Date: May 27, 2004 By: /s/ Aaron C. von Staats _____________________________________ Aaron C. von Staats Senior Vice President, General Counsel and Clerk EXHIBIT INDEX Exhibit No. Description 99.1 Press release issued by Parametric Technology Corporation on May 27, 2004.