SEC Form 4 · accession 0000914190-18-000161
MTS SYSTEMS CORP · MTSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven B Harrison
Officer — Pres., Veh & Struct. Test Syst
Period of report
Apr 17, 2018
Accepted (ET)
Apr 19, 2018 · 4:52 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 | 108 | $52.30 | D | 1,968 | D | |
| Common StockF2 | Apr 17, 2018 | A | 1,076 | $0.00 | A | 3,044 | 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)F4 | $52.30 | Apr 17, 2018 | A | 5,040 | A | — | Apr 17, 2025 | Common Stock | 5,040 | 5,040 | D |
| Stock Option (right to buy)F3 | $46.25 | holding | — | — | — | — | Apr 17, 2024 | Common Stock | 4,543 | 4,543 | D |
Explanation of responses
- F1Shares withheld for payment of tax liability.
- F2Includes (i) 720 restricted stock units that vest as to 360 shares on each of 4/15/19 and 4/15/20; (ii) 630 restricted stock units that vest as to 315 shares on each of 4/17/19 and 4/17/20; and (iii) 1,076 restricted stock units that vest as to 359 shares on each of 4/17/19 and 4/17/20 and as to 358 shares on 4/17/21.
- F3Options to purchase 1,515 shares vest on 4/17/18 and options to purchase 1,514 shares vest on each of 4/17/19 and 4/17/20.
- F4Options to purchase 1,680 shares vest on each of 4/17/19, 4/17/20 and 4/17/21.