SEC Form 5 · accession 0000026058-16-000020
CTS CORP · CTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ashish Agrawal
Officer — CFO
Period of report
Dec 31, 2015
Accepted (ET)
Jan 20, 2016 · 2:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000026058
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 20, 2016 | A | 0 | $0.00 | A | 31,368 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance-Based Option AwardF2 | $18.37 | May 26, 2015 | A | 35,000 | A | May 26, 2020 | May 26, 2025 | Common | 35,000 | 35,000 | D |
Explanation of responses
- F1The total of Restricted Stock Units directly held by the Reporting Person is hereby corrected. The error was the result of a miscalculation in the number of shares withheld for payment of taxes.
- F2Performance-Based Option Award dated May 26, 2015, and priced at $18.37. Vesting after 5 years or earlier, subject to the attainment of performance measures within the five year period.