SEC Form 4 · accession 0001127602-15-008181
MKS INC · MKSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Seth H Bagshaw
Officer — Vice President, CFO, Treasurer
Period of report
Feb 23, 2015
Accepted (ET)
Feb 25, 2015 · 10:09 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001049502
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Feb 23, 2015 | S | 2,115 | $35.302 | D | 20,164 | D | |
| Common StockF3 | Feb 23, 2015 | M | 3,115 | — | A | 23,279 | D | |
| Common StockF3 | Feb 23, 2015 | M | 2,119 | — | A | 25,398 | D | |
| Common Stock | Feb 23, 2015 | F | 1,702 | $35.60 | D | 23,696 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF3,F4 | — | Feb 23, 2015 | M | 3,115 | D | — | — | Common Stock | 3,115 | 42,167 | D |
| Restricted Stock UnitF3,F5 | — | Feb 23, 2015 | M | 2,119 | D | — | — | Common Stock | 2,119 | 27,387 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
- F2This transaction was executed in multiple trades at prices ranging from $35.04 to $35.65. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide, upon request, the full information regarding the number of shares and prices at which the transaction was effected.
- F3Each restricted stock unit represents the contingent right to receive one share of common stock of MKS Instruments, Inc.
- F4These RSUs are subject to the achievement of performance criteria determined in the first year of grant and thereafter vest in three equal annual installments commencing on the first anniversary of the grant date, with the exception of RSUs granted on or after February 15, 2015, in which case, the annual vesting date shall be (i) February 15th or (ii) the next business day if February 15th is not a business day.
- F5These RSUs vest in three equal annual installments commencing on the first anniversary of the grant date, with the exception of RSUs granted on or after February 15, 2015, in which case, the annual vesting date shall be (i) February 15th or (ii) the next business day if February 15th is not a business day.