SEC Form 4 · accession 0000914190-18-000154
MTS SYSTEMS CORP · MTSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey A Graves
Officer — President and CEO · Director
Period of report
Apr 17, 2018
Accepted (ET)
Apr 19, 2018 · 4:48 pm EDT
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 | Apr 17, 2018 | F | 828 | $52.30 | D | 41,073 | D | |
| Common StockF2 | Apr 17, 2018 | A | 8,308 | $0.00 | A | 49,381 | 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)F6 | $52.30 | Apr 17, 2018 | A | 38,934 | A | — | Apr 17, 2025 | Common Stock | 38,934 | 38,934 | D |
| Stock Option (right to buy)F3 | $64.90 | holding | — | — | — | — | Dec 4, 2020 | Common Stock | 68,241 | 68,241 | D |
| Stock Option (right to buy)F3 | $66.98 | holding | — | — | — | — | Dec 3, 2021 | Common Stock | 32,854 | 32,854 | D |
| Stock Option (right to buy)F4 | $61.74 | holding | — | — | — | — | Dec 9, 2022 | Common Stock | 61,455 | 61,455 | D |
| Stock Option (right to buy)F5 | $46.25 | holding | — | — | — | — | Apr 17, 2024 | Common Stock | 38,941 | 38,941 | D |
Explanation of responses
- F1Shares withheld for payment of tax liability.
- F2Includes (i) 5,405 restricted stock units that vest as to 2,703 shares on 4/17/19 and as to 2,702 shares on 4/17/20; and (ii) 8,308 restricted stock units that vest as to 2,770 shares on 4/17/19 and as to 2,769 shares on each of 4/17/20 and 4/17/21.
- F3Fully exercisable.
- F4Options to purchase 20,485 shares vest on each of 12/9/16, 12/9/17 and 12/9/18.
- F5Options to purchase 12,981 shares vest on 4/17/18 and options to purchase 12,980 shares vest on each of 4/17/19 and 4/17/20.
- F6Options to purchase 12,978 shares vest on each of 4/17/19, 4/17/20 and 4/17/21.