SEC Form 4 · accession 0000914190-18-000055
MTS SYSTEMS CORP · MTSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Hore
Officer — President, MTS Sensors
Period of report
Feb 15, 2018
Accepted (ET)
Feb 20, 2018 · 4:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000068709
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 15, 2018 | A | 2,049 | $0.00 | A | 23,026 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $46.25 | holding | — | — | — | — | Apr 17, 2024 | Common Stock | 7,139 | 7,139 | D |
Explanation of responses
- F1Amount shown is the number of restricted stock units that may only be settled on a 1 for 1 basis in shares of common stock.
- F2Includes (i) 3,722 restricted stock units that vest 1,861 shares on 8/15/18 and 1,861 shares on 8/15/19; (ii) 1,486 restricted stock units that vest 496 shares on 4/17/18 and 495 shares on each of 4/17/19 and 4/17/20 (both (i) and (ii) previously reported on Table II); and (iii) 2,049 restricted stock units that vest 683 shares on each of 2/15/19, 2/15/20 and 2/15/21.
- F3Options to purchase 2,380 shares vest on each of 4/17/18 and 4/17/19 and options to purchase 2,379 shares vest on 4/17/20.