SEC Form 4 · accession 0000914190-18-000162
MTS SYSTEMS CORP · MTSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William C Becker
Officer — President, Materials Test Sys
Period of report
Apr 17, 2018
Accepted (ET)
Apr 19, 2018 · 4:53 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,F2 | Apr 17, 2018 | F | 82 | $52.30 | D | 5,355 | D | |
| Common StockF3 | Apr 17, 2018 | A | 956 | $0.00 | A | 6,311 | 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)F5 | $52.30 | Apr 17, 2018 | A | 4,480 | A | — | Apr 17, 2025 | Common Stock | 4,480 | 4,480 | D |
| Stock Option (right to buy)F4 | $46.25 | holding | — | — | — | — | Apr 17, 2024 | Common Stock | 3,245 | 3,245 | D |
Explanation of responses
- F1Shares withheld for payment of tax liability.
- F2Includes 170.3374 shares purchased on 12/31/17 through the Company's Employee Stock Purchase Plan.
- F3Includes (i) 444 restricted stock units that vest as to 222 shares on each of 10/17/18 and 10/17/19; (ii) 450 restricted stock units that vest as to 225 shares on each of 4/17/19 and 4/17/20 (previously reported on Table II); and (iii) 956 restricted stock units that vest as to 319 shares on each of 4/17/19 and 4/17/20 and as to 318 shares on 4/17/21.
- F4Options to purchase 1,082 shares vest on each of 4/17/18 and 4/17/19 and options to purchase 1,081 shares vest on 4/17/20.
- F5Options to purchase 1,494 shares vest on 4/17/19 and options to purchase 1,493 shares vest on each of 4/17/20 and 4/17/21.