SEC Form 4 · accession 0000914190-18-000341
MTS SYSTEMS CORP · MTSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Hore
Officer — President, Sensors
Period of report
Aug 15, 2018
Accepted (ET)
Aug 17, 2018 · 4:06 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 | Aug 15, 2018 | F | 633 | $51.30 | D | 23,304 | 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 |
| Stock Option (right to buy)F4 | $52.30 | holding | — | — | — | — | Apr 17, 2025 | Common Stock | 5,040 | 5,040 | D |
Explanation of responses
- F1Shares withheld for payment of tax liability.
- F2Includes (i) 1,861 restricted stock units that vest on 8/15/19; (ii) 990 restricted stock units that vest as to 495 shares on each of 4/17/19 and 4/17/20; (iii) 2,049 restricted stock units that vest as to 683 shares on each of 2/15/19, 2/15/20 and 2/15/21; and (iv) 1,076 restricted stock units that vest as to 359 shares on each of 4/17/19 and 4/17/20 and 358 shares on 4/17/21.
- 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.
- F4Options to purchase 1,680 shares vest on each of 4/17/19, 4/17/20 and 4/17/21.