SEC Form 4 · accession 0001179110-15-014250
CTS CORP · CTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ashish Agrawal
Officer — CFO
Period of report
Oct 28, 2015
Accepted (ET)
Oct 28, 2015 · 8:20 am EDT
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,F2 | Oct 26, 2015 | A | 333 | $20.07 | A | 29,378 | D | |
| Common StockF3 | Oct 26, 2015 | F | 103 | $20.07 | D | 29,275 | D | |
| Common StockF4 | Oct 26, 2015 | S | 48 | $20.01 | D | 29,227 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Restricted Stock Units were granted on 10/25/2013 and vest 1/3 over 3 years.
- F2The vesting date of restricted stock units was Sunday, October 25, 2015. The closing price of the issuer's common stock was $20.07 per share on Monday, October 26, 2015, which was the first trading day after the vesting of the restricted stock units.
- F3103 shares were held by the Company to cover taxes.
- F4These shares were sold pursuant to a predefined Rule 10b5-1 trading plan filed in February 2015 to satisfy tax obligations on the vesting of restricted stock unit awards.