SEC Form 4 · accession 0000026058-16-000033
CTS CORP · CTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Luis Francisco Machado
Officer — VP, General Counsel & Sec.
Period of report
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 3:44 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 | Feb 16, 2016 | A | 8,960 | $13.82 | A | 16,960 | D | |
| Common StockF2 | Feb 16, 2016 | A | 2,645 | $13.82 | A | 19,605 | D | |
| Common StockF3 | Feb 16, 2016 | A | 14,000 | $13.82 | A | 33,605 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Restricted Stock Units vest 1/3 annually over 3 years.
- F2The Restricted Stock Units vest on 2/16/2017.
- F3The Performance-Based RSU vest on 2/16/2019 subject to meeting criteria set forth in the Company's Incentive Stock Plan.